Empowering Singapore’s SMEs to Go Digital

SMEs represent 99 percent of all enterprises locally, contribute close to half of Singapore’s Gross Domestic Product (GDP) and provide seven in 10 local jobs. As a company with a mission to empower every person and organisation on the planet to achieve more, Microsoft is committed to helping SMEs  in Singapore realise their full potential through technology.

The opportunities in the digital economy are real. According to the Unlocking the Economic Impact of Digital Transformation in Asia Pacific study conducted by Microsoft in partnership with IDC Asia Pacific, digital transformation will add an estimated US$10 billion to Singapore’s GDP, and increase the growth rate by 0.6% annually, by 2021. Business leaders undergoing digital transformation are also already seeing improvements of between 17% to 20% from their digitalisation efforts today, and expect to see more than 40% improvements in the following areas by 2020, with the biggest jump expected in customer advocacy.

As we eagerly await the roll-out of the Enterprise Development Grant (EDG) by Enterprise Singapore to build capabilities, the Productivity Solutions Grant (PSG) by the Ministry of Trade and Industry’s Grants Management Office (GMO) to accelerate digitalisation, or ride on the newly-expanded Tech Skills Accelerator (TeSA) – an initiative driven by Infocomm Media Development Authority (IMDA), Workforce Singapore (WSG) and SkillsFuture Singapore (SSG) to upskill your employees, we believe that now is the time to start thinking, planning and actualising your digital transformation strategy, for it can bring tremendous value to your business now and in the future.

 


Staying Ahead in an Age of Disruption

Driving Car Club towards the modern workplace with Dynamics 365
Due to land constraints and competing needs, the Singapore government revealed its vision for the shift towards a car-lite society with a reduced reliance on car-ownership. This gives Car-Sharing companies an unprecedented opportunity for growth and pushes them to shift gears, turning towards new technologies to offer even better mobility solutions…

At Ascendas-Singbridge, a smart building is only as smart as it is useful to customers
While many companies rush to prioritise technology in their digital transformation efforts today, Ascendas-Singbridge decided right from the start of its own journey of change, to focus on the outcomes for its customers. Things have to change for the better in the 29 cities across Asia Pacific where Ascendas-Singbridge manages some…

Cybersecurity threats to cost organisations in Singapore US$17.7 billion in economic losses
A Frost & Sullivan study commissioned by Microsoft revealed that the potential economic loss in Singapore due to cybersecurity incidents can hit a staggering US$17.7 billion. This amounts to 6 percent of Singapore’s total GDP at US$297 billion. The study, titled “Understanding the Cybersecurity Threat Landscape in Asia Pacific: Securing the Modern Enterprise in a Digital World”, aims to provide…

Have Halal, Will Travel: A chatbot named Sofia is helping Muslims find halal food overseas
When he decided to study in South Korea five years ago, Mikhail Goh, who practises the Islamic faith, thought it would be easy to find halal food in one of the world’s most cosmopolitan nations. He thought wrong. It’s not to say that there were no halal food options to be found, but finding them wasn’t as simple as say, if he were in Singapore…

AdvanIDe: Building a modern workplace with
Microsoft 365

In this day and age, data privacy and security has become more important than ever before. Widespread cyberattacks, along with commercial data breaches becoming more prevalent, has underscored the need for more robust security measures and enhanced privacy controls to be put in place, to minimise the risk of valuable data falling into the hands of cybercriminals. All across the world…

Mastering the art of printing for a digital world
In the rapidly digitalising world we live in today where content is increasingly being consumed through digital devices, the printing industry is also undergoing significant change. Driven by rising demand for mass customisation, Singapore, as one of the top printing hubs in Asia, is transforming the printing industry to position itself for growth in the future. With support from e2i, which funded…

 

 

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