An inaugural survey of 800+ SMEs across six markets in Asia conducted by DBS and Bloomberg Media Studios in August found that SMEs recognise the value of transitioning to more sustainable business models. SMEs in India led their regional counterparts in Asia, with more than...
Automation will be critical in driving productivity and performance for most enterprises in Singapore, according to a new industry report commissioned by SGTech and Workato. The report, The State of Digital Automation 2023, explores how automation is creating an impact on enterprises in Singapore.The survey unveiled that digital automation,...
Storyblok has released research which reveals that many businesses misunderstand what consumers want out of online shopping. The survey of 6,000 consumers and 500 business leaders at medium-sized e-commerce companies across the US and Europe shows 77% of companies believe features such as chatbots enhance the customer experience, whereas...
Singapore’s emerging tech startup pipeline appears to be maturing to reach a ‘steady state’ with approximately 60 startups incorporated annually, but early-stage startups looking to fundraise this year may face especially challenging conditions, according to the Singapore Early-Stage Emerging Tech Startups 2022 landscape report.
Akamai Technologies, Inc has revealed that 95% of channel partners agree that cloud computing is a key priority for their customers' 2023 strategy. However, not all businesses plan to or are able to invest heavily in the space. Willingness to spend varies greatly, with 27% planning to...
Workato has announced the first digital automation and integration solution to come onboard the Infocomm Media Development Authority’s (IMDA) Advanced Digital Solutions (ADS) scheme, under the SMEs Go Digital programme. Through the scheme, Workato aims to onboard over 1,500 SMEs and help them access...
An Infosys report, the Infosys Cloud Radar 2023  highlights how cloud, used for growth and transformation, is three times more important to companies, than cloud used to cut costs. The research comprehensively highlights the shift of cloud utilization from beyond storage and cutting costs to...
IMA® (Institute of Management Accountants) has released a report about talent pipeline challenges in the accounting and finance profession in the Asia Pacific region in collaboration with the ASEAN Federation of Accountants (AFA), the umbrella organization for the recognized national Professional Accountancy Organizations of the ASEAN Member States.
EF Education First (EF) has released the 2023 edition of its EF English Proficiency Index (EF EPI), the largest international survey of adult English skills.  The index, calculated from the test results of 2.2 million non-native English speakers in 113 countries and regions, reveals a concerning decline...
The tourism sector in Singapore is poised for growth following recovery from the Covid-19 pandemic. Nonetheless, there are still challenges according to leaders in tourism. Changes in travel behaviour/spending (63%), and existing employees lacking the depth of skills required to cater to the changing trends (57%),...