COTD: SMEs lead tech investments in Singapore

SMEs allocate 3% more of their budgets to tech investments compared to large companies.

SMEs are investing more in digital initiatives, allocating 11% of their budgets, compared to large companies, which allocate only 8%, the Singapore Business Federation (SBF) reported.

According to SBF, businesses have prioritised cloud services, with 69% already having invested, followed by e-payments at 62% and cybersecurity at 60%.

In addition, Artificial Intelligence (46%), Data Analytics (38%), and Internet of Things (31%) are other technologies that they plan to adopt in the next 12 months.

Meanwhile, when adopting new technologies, businesses are most challenged by high costs (73%) followed by expensive intellectual property (IP) licensing fees (47%), upskilling staff (47%), and a lack of awareness of suitable technologies (45%).

Follow the link for more news on

SME

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

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