Impact of Information Communication Technology (ICT) oon Office Demand in Singapore CBD.ppt
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1、Impact of Information & Communication Technology (ICT) on Office Demand in Singapore CBD,Presentation to Association for Project Management (APM),http:/ of Presentation,Introduction Trend in ICT application Effects of ICT on Office Space Allocation & Work Practices Survey Sample & Data Collection Ma
2、iled Questionnaire Results Logit Model and Other Statistical Tests Case studies by interview Conclusion,http:/ has frequently been thought to be the driving force behind todays economy. It is generally felt that there is a direct relationship between investment in ICT and productivity improvements,
3、which include better customer service greater product variety shorter response time enhanced product quality; and better customization of products and services.,http:/ is ICT?,Information & Communication Technology (ICT) is used to refer to infrastructure and product development that facilitate the
4、collecting, storing and analysis of information that may be transmitted electronically It includes equipment like telephones, communication lines used to enhance communication between employers and employees, businesses and customers, and business and business across physical boundaries,http:/ ICT A
5、doption Rate in Singapore,Government has been actively encouraging firms to upgrade their connectivity and productivity via its agencies like IDA, EDB, PSB Schemes offered include: Local Enterprise Computerisation Programme (LECP) by IDA (assist SME to achieve higher competitiveness through effectiv
6、e use of IT) Jumpstart Programme by PSB (assisting SME to adopt E-commerce) IDAs “Information & Communication Technology ICT usage survey 1999”indicates a high ICT adoption rates among businesses in Singapore,http:/ are the Implications of ICT for Office Operation and Space Usage?,Computer and infor
7、mation technologies are expected to bring about “the third wave” of revolution to the production and social interactions in the new economy How would these new ways of production and customer-manufacturer relationships impact on the demand for office space? Would this IT revolution lead to a major s
8、tructural change in the office space demand? How would the location choice, spatial configuration and functional connectivity of the physical office space be changed to meet the demand of the IT-driven businesses?,http:/ Trends & Investment in Singapore Office Buildings,In Singapore, IT-ready office
9、 space commands a market premium over obsolete and IT-unfriendly office buildings A trend of facelift to existing office buildings where developers or owners spend million of dollars to provide broadband connection and raise floor facility to entice tenants in IT related business Singapore Land Towe
10、r located in the prime Raffles Place business district is one the building that is currently undergoing million dollars upgrading to improve its facility and functionality Hot-desking, home-office and tele-working is another emerging trend in the office market, These will significantly transform the
11、 way work is carried out and lead to a reduction in demand for physical office space in the long run,http:/ of ICT-readiness on Offices Space Use?,How would active integration of ICT into the work place help companies to reduce the physical space requirement? Arent the companies space decisions depe
12、ndent on the prevailing market rents? There are no easy answers at this stage to the questions. However, the market driven and ICT induced office space demand shifts can be conceptually explained ceteris paribus using the familiar demand function as shown in Figure 1.,http:/ Space Demand,Source: Dr
13、Sing Tien Foo,http:/ levels,Evolutionary levels,5 Levels of ICT-Induced Firm Operation Evolution,Source: Venkatraman, 1991,http:/ of ICT on Office Space Demand,ICT impacts on office space demand would take place in three broad areas: business function and configuration, staffing structure and locati
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