BSA & Galexia Global Coud Computing Scorecard (2018) - Galexia Analytics Release
Singapore has modern digital economy laws in most areas. For example, the Electronic Transactions Act 2010 implements the United Nations Convention on Electronic Contracting, which Singapore has ratified. Singapore also has up-to-date cybercrime laws and intellectual property laws.
Singapore privacy law provides a balanced approach between protecting personal information and facilitating innovation in cloud computing and the digital economy. However, there have been some recent trends suggesting Singapore may be looking to establish unique national standards for the IT sector. For example, Singapore adopted the Singapore-specific Multi-Tier Cloud Security (MTCS) Singapore Standard, which arbitrarily assigns levels to cloud computing services imposing distinct requirements on particular levels.
Singapore has some minor Internet censorship in place but generally promotes innovative business practices that are free from tariffs and government intervention. Singapore is generally committed to adopting international standards throughout the IT and security sectors.
Singapore has excellent information (IT) infrastructure and is developing a national network to bring high-speed fiber to the home.
There were very few changes in Singapore’s results from the previous Scorecard. The minor jump in the rankings — from seventh to sixth — is a result of the rebalancing of the Scorecard methodology.
The rank for Singapore in this year's Scorecard is:
- 6th overall,
- 11th for legal and policy, and
- 1st for IT readiness and broadband deployment.
Within legal and policy themes for cloud readiness Singapore has the following rankings:
- 13th for data privacy
- 7th for security
- 5th for cybercrime
- 1st for intellectual property rights
- 16th for standards and international harmonization
- 6th for promoting free trade