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.