SMEs urged to invest in technology to raise productivity

One of the key focus areas for this year’s Singapore Budget 2013 was in the area of raising productivity, with DPM Tharman stressing the importance of leveraging on an increase in productivity to revitalise the SME sector.

Technology will play a key role in empowering this push, and is an area which SMEs are already starting to look into. Technology can help SMEs automate their processes and improve workflow which will lead to increased productivity.

And with a just-announced new Productivity and Innovation Credit (PIC) bonus scheme in place, now is a great time for SMEs to make those necessary technology investments.

To remain competitive in Singapore’s globalised economy, one of the things SMEs need to do is to examine the current state of their machines and ensure that their PCs have features which make employees and the organisation more productive.

Unfortunately in today’s landscape, SMEs sometimes find themselves at the tail-end of the adoption cycle, not knowing how to take advantage of this growing array of technology solutions that can allow them to work better and faster regardless of their respective fields.

My advice – SMEs should look out for management and productivity tools built into PCs that will allow them to save time, cut costs, improve security and increase productivity on overall. In addition, SMEs should strongly consider PCs which come with bundled tools that provide automated diagnostics and maintenance which minimise downtime and further boost productivity.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia