No Match Found
In a recent survey, it was found that 83% of small and medium-sized enterprises (SMEs) in Singapore have digital transformation strategies in place, but less than half are able to implement it successfully due to the untimely COVID-19 pandemic which impacted investment priorities1. However, business survival and digitalisation are steadily merging in the new world.
Whilst the economic uncertainties in recent times have also added unique challenges - the high implementation cost, cash flow challenges, the workforce digital upskilling gap and low awareness of government initiatives are some common drawbacks faced by SMEs along their digital transformation journey.
With PwC Singapore’s tailored solutions, SMEs can access a wide spectrum of services to embark on their first step to digitalisation with confidence and achieve a competitive edge and enable growth.
1ASME and Microsoft, 2020 "Over 80% of Singapore SMEs embrace digital transformation; more than half report slowdowns due to COVID-19: ASME-Microsoft study 2020" https://news.microsoft.com/en-sg/2020/10/22/over-80-of-singapore-smes-embrace-digital-transformation-more-than-half-report-slowdowns-due-to-covid-19-asme-microsoft-study-2020/
2ESG Singapore, 2018 "Bridging the SME talent gap" https://www.enterprisesg.gov.sg/media-centre/news/2018/april/bridging-the-sme-talent-gap