PDPC fines SAP Asia for breach of the protection obligation

A financial penalty of S$13,500 was imposed. The Personal Data Protection Commission Singapore has imposed a fine on SAP Asia for failing to put in place reasonable security arrangements to protect personal data of its former employees. This resulted in an unauthorised disclosure of the personal data to unintended recipients.…

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China Shenzhen Smart City initiative to accelerate digital economy collaborations

Digital cross-border trade trials completed. The Ministry of Communications and Information (MCI) and Infocomm Media Development Authority (IMDA) announced four new MOUs and early achievements of Phase 1 Projects from the Singapore-China (Shenzhen) Smart City Initiative (SCI). The meeting reaffirms Singapore and Shenzhen’s commitment to develop digital connectivity and test policy…

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Enterprise security spending in Singapore to surpass US$2b

Continued rise in security breach incidents at enterprises. The total addressable market size of enterprise security in Singapore, in terms of spending opportunity, is poised to reach about US$2.2bn in 2025, mainly led by the huge demand for managed security services, identity & access management and endpoint security platforms, says…

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Enterprise resiliency and spending

Customer experience, enterprise intelligence, and digital sovereignty. Recent results from the International Data Corporation (IDC) Future Enterprise Resiliency and Spending (FERS) survey shed light on several key areas of digital transformation. In this global survey, respondents were asked to identify their digital resiliency investment plans, as well as the challenges…

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CIOs to enterprises: Embrace business composability in 2022

Thrive through disruption in 2022 and beyond. Business composability is the mindset, technologies, and set of operating capabilities that enable organizations to innovate and adapt quickly to changing business needs. It is built on applying the key principle of modularity to business assets to achieve the scale and pace required of…

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Equinix and PGIM real estate enter into a US$575 Million JV

Extends hyperscale data centre program into Australia. Digital infrastructure company Equinix, and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial’s global asset management business, today announced an agreement to establish a US$575 million joint venture in the form of a limited liability partnership to develop…

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