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Data Innovation

last updated 23 October 2018

Technology has enabled data collection and analysis on an unprecedented scale. With modern data technology tools and techniques, companies are able to collect data about all aspects of their operations, in some cases, in real time. This provides the opportunity for companies to be nimbler and more responsive than ever before, enabling them to make better business decisions. Data also generates new, transformative business opportunities for companies.

IMDA aims to promote data-driven innovation in our economy through:

  1. Catalysing the adoption of AI and data-driven technologies to harness the potential of data
  2. Building a sustainable data sharing ecosystem to enable data flow within Singapore and cross border
  3. Raising the baseline level of data use and protection capabilities of various sectors to generate new value and growth for businesses
  4. Providing greater regulatory clarity by working with PDPC to develop a forward-looking data regulatory environment.  

DATA

Data Collaboratives Programme

Data will be the driver of a new generation of products and services that will reshape entire industries. However, data is currently fragmented among companies, without trusted platforms for the different parties to discover and exchange this data for meaningful innovation. Businesses are also concerned about breaching data protection regulations.

There is a need for enabling regulatory environments to catalyse this growth while ensuring trust, transparency, and control for the companies who use them. IMDA continues to take the position of promoting responsible data use so that we engender a high level of consumer trust, while also allowing both innovative technologies and businesses the room to explore and grow.

The Data Collaborative Programme  (formerly called the Data Sandbox Programme) seeks to support and grow industry operators exploring how to implement and manage mechanisms that allow for safe and economically-sustainable data sharing. It does so by offering potential operators regulatory guidance and provisioning for regulatory sandboxing, co-funding, and technical support. The intent of data collaboratives is for IMDA to understand how companies use data and different data-sharing models and methods, with a view towards developing a regulatory framework that will allow IMDA/PDPC to oversee and regulate these activities in future. 

Useful information:

  1. Guide to Data Sharing

 

INNOVATION 

AI Business Partnership Programme (AIBPP) 
To encourage and facilitate Artificial Intelligence (AI) adoption among businesses in Singapore, IMDA has implemented the AI Business Partnership Programme (AIBPP), a guided process to pair local companies with potential problem statements which companies believe could be overcome with AI, and AI solution providers. AIBPP supports such partnerships to develop and deploy prototypes/solutions suitable for their business needs. 

AIBPP facilitates partnerships between user companies and AI solutions providers to encourage use of AI e.g., match AI tech users and AI creators based on problem statements, encourage development of POCs for sector-wide AI platform, support local companies to co-develop AI solutions, encourage mentorship/consultancy for AI transformation.  
 
Through the AIBPP, IMDA aims to increase awareness about the potential value of AI and the opportunities it holds for businesses, and catalyse adoption of AI solutions by local companies to improve their business outcomes. These local companies could eventually serve as beacons for their respective industries as early adopters of AI to power their businesses. We welcome local companies registered in Singapore who are keen to explore AI for business problem statements, and AI Solution Providers (e.g., AI platforms, AI creators/ developers) to indicate your interest at AIBPP@imda.gov.sg.

 
AI Governance and Ethics Initiatives
As Singapore develops its digital economy, a trusted ecosystem is key, where industries can benefit from innovations in technology while consumer confidence and understanding can be assured. It is thus timely to proactively discuss and address ethical issues that may arise from the use of Artificial Intelligence (AI) and Big Data, as new business models and innovations rapidly develop in the emergent AI space.
 
In order to drive awareness of the benefits and understand the challenges of AI (such as on ethics and legal issues), IMDA is engaging key stakeholders including government, industry, consumers and academia to collaboratively shape the Government’s plans for the AI ecosystem. Such discourse will inform the Government’s ongoing plans to support Singapore as a hub for AI development and innovation, and help Singapore to effectively respond to global developments.

Useful information:

  1. Composition of the Advisory Council on the Ethical Use of AI and Data
  2. Council Members of the Advisory Council on the Ethical Use of AI and Data - Annex A
  3. Fact Sheet for AI Governance