Country issues call for collaboration worth S$21 million (US$16.5 million) to develop "high-impact, sector-specific" software-as-a-service products to help smaller companies lower costs.
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CEO admits it was too hasty and unfocused in launching products previously, and plans to simplify product lines down to audio and tablet products to nurse ailing company back to health.
Long-term planning to align IT investments with business needs, ensuring scalability, and having good vendor relationships for support will help small and midsize businesses prevent unneeded spend.
Japanese manufacturers need to tailor business models according to targeted markets, and have robust app ecosystems to succeed overseas as they move away from increasingly competitive domestic market, observers say.
Entrepreneurs pitching for investments should work on key areas such as showcasing quality of team, having clear exit plan for investors, and be open to suggestions and adapting business plans, industry players say.
Investor education, tax policy reforms and crowd funding needed to improve startup ecosystem, or country risks brain drain--as foreign startups flock elsewhere like Singapore--and wider economy will be left behind, warns local startup agency.
Companies offering services for free face difficulties such as inconsistent performance metrics and moving customers to paid model, note market analysts, who add that these will affect IPO feasibility of such businesses.
Artificial intelligence today used in various verticals to increase business efficiency, lower costs and reduce human risks, observe market players.
Experts share with ZDNet Asia what to consider when acquiring companies and five technology players worth forking out money for right now.
Search giant's digital wallet offering integrating location, couponing and payments provide for "leaner" user experience but needs to clear privacy issues and managing partner relationship hurdles, analysts note.
Look at other industries' examples to gain deeper insights to improve service standards and processes, but initiatives to innovate should start small, panelists say.
Mozat CEO says just providing access to popular online services such as Facebook and Twitter will not increase telcos' revenue but creating social communities via mobile, which allows access to these services and more, will.
Potentially high risks and returns when tech vendors expand business portfolio organically or via acquisitions, analysts note, adding right vision and management a challenge.
Green IT adoption in region on the rise but continues to lag behind that in other parts of the world, analysts note, adding that primary driver is still cost cutting.
Organizations interested in smart grid projects need adequate funding and clear business plan to drive smart grid adoption, says IDC analyst, adding that IT vendors can help drive agenda for discussion among interested parties.
National Research Foundation sets up US$38.1 million in bid to attract managers with entrepreneurial experience into Singapore and mentor local startups.
Organizations in Asia continue to view pricing as important criterion in choosing technology partner but its impact on final decision should be weighed alongside other key factors.
In 21st century world of IT investments, organizations look for IT products and services that are "solutions" to today's business problems and that help companies do better and more effectively.
Linking social media technology to retail portals allows shoppers to be better informed and help spread information online, helping businesses drive sales and returns on investments from social platforms.
Consultant Patrick Gray talks about the big inherent risks to basing your IT shop on TCO or its variants: Capturing intangible value and the "who cares" factor.
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