Digitalisation and providing support for a remote workforce are key IT priorities for small and midsize businesses in Asia-Pacific, where they face challenges having to identify alternative sales and delivery channels as well as boost employee productivity.
Latest from Eileen Yu
Small and midsize businesses in the region point to innovation as a key barrier to a quick post-pandemic recovery, with just 39% armed with an employee or team dedicated to driving such efforts in their organisation.
Local small and mid-sized businesses recognise the need to adopt digital tools, but 41% point to high investment costs as a barrier while 57% say financial support from the government could help lift barriers in their adoption.
The Singapore telco and bank want to help 5,000 local small and midsize businesses digitise their operations and explore e-commerce options to extend their presence.
Analyst pulls region's IT spending projection for 2009 down from 9.5 percent to 5.8 percent, but says Asia-Pacific remains "the bright spot" in the global market.
Small and midsize businesses in Asia are leading the charge in adopting open source enterprise applications, notes new IDC report.