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This figure is just one example of how advancements in digital services have resulted in both the disruption and growth of industries.
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their own in-house services and infrastructure. With the greater adoption of SGTS across more government agencies, I am confident that we can expect a more seamless user experience across the spectrum of government digital services. 7. organisations move to the cloud. Since 2017, IMDA's SMEs Go Digital Programme has helped to support over 78,000 SMEs who are starting out on their digitalisation journey. This includes providing enterprises with easy access to step-by-step guides on how to adopt digital solutions and qualified cloud-based solutions. Such digital solutions that SMEs can adopt to increase efficiencies, lower costs, and expand their customer base internationally. In fact, the e-commerce sector in Southeast Asia alone is expected to double in size from U$170 billion in gross merchandise volume in 2021 to over U$360 billion in 2025 , with many opportunities for SMEs looking to tap on emerging regional value chains. Through adopting cloud solutions, we are confident that our SMEs will not only be able to address existing business challenges but also explore new growth opportunities. The government has also been encouraging private sector G Singapore's suite of Digital Economy Agreements (DEAs) will facilitate the growth of digital cloud services 8. Digital Economy Agreements, or DEAs. As the digital world becomes increasingly interconnected, it is critical that we establish common rules and policies to address emerging digital issues and foster interoperability. Singapore's DEAs aim to facilitate seamless end-to-end trade of digital technologies and services such as cloud services, mobile applications and Al, enable open and trusted flows and use of data, and build trust in digital systems so that opportunities arising from the digital economy can be shared by businesses big and small. Finally, let me take the opportunity to highlight Singapore's suite of G 9. Kingdom at the end of this month and look forward to signing our fourth with South Korea soon. As Singapore continues to forge strong international partnerships in the digital economy, I would like to encourage Singaporean companies looking to expand internationally to leverage on our DEAs to grow your businesses, and to adopt digital cloud services so that you may conduct seamless digital operations on off-site servers. I am happy to share that we will be signing our third DEA with the United Conclusion G 10. Let me conclude by thanking SCS for your efforts in encouraging the widespread adoption of cloud computing - which stands at the forefront of unleashing the next generation of technology. The government looks forward to working hand-in-hand with more organisations such as yourselves to continue positioning Singapore as a global leader in digital technologies. 11. I wish all participants a fruitful conference ahead, and look forward to the exciting new ideas, partnerships, and opportunities that will be born from the SCS Cloud Conference. Thank you.
