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Technologies ranging from mobile devices and wireless networks to radio frequency identification (RFID) tags and biometric security, are helping to transform Singapore's industries.
The island-state has regularly made headlines as its vertical sectors such as financial services and healthcare, adopt the latest technologies to stay ahead of the business innovation curve.
Here is a quick look at the projected IT spending across key verticals in Singapore (US$M):
| | 2006 | 2007 | 2008 |
| Government | 609.8 | 653.3 | 682.8 |
| Healthcare | 73.9 | 74.8 | 76.8 |
| Retail | 84.2 | 89.7 | 95.3 |
| Banking | 868.0 | 919.1 | 968.8 |
| Finance markets | 295.1 | 318.3 | 340.8 |
| Insurance | 102.1 | 105.2 | 109.0 |
| Discrete Manufacturing | 598.1 | 597.2 | 605.3 |
| Process Manufacturing | 132.8 | 134.7 | 137.2 |
Source: IDC Asia-Pacific