Singapore is currently attracting hundreds of new business ventures that concentrate on computing and technology.

The latest computer trend that is taking off is the study, research, and development of cloud computing. Recently, IBM announced the opening of a cloud computing laboratory in Singapore. The company intends to enhance businesses, support the government, and establish research institutions to study and benefit from cloud computing technology.

The technological scope in Singapore is so vast and burgeoning, that even companies that intend to stay small are forced to expand to accommodate for the increasing demand of research.

Following in the footsteps of California and India, it has been dubbed by Eyal Gura, founder and CEO of PicApp, as on its way to becoming the third Silicon Valley of the world.

The above are excerpts from the blog post of Saleem Qureshi, President and COO of Hirelabs Research.

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