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Accelerating Digital Transformation of SMEs

Author

Listed:
  • Clarence Goh

    (Singapore Management University, Singapore)

  • Yuanto Kusnadi

    (Singapore Management University, Singapore)

  • Benjamin Lee

    (Singapore Management University, Singapore)

  • Gary Pan

    (Singapore Management University, Singapore)

  • Sun Seow Poh

    (Singapore Management University, Singapore)

Abstract

Digital transformation is happening across all industries worldwide, including in Singapore. This book seeks to provide insights on how small and medium enterprises (SMEs) can embark on their own journeys of digital transformation, while at the same time remaining agile in responding to industry and consumer needs. It will outline how firms can foster a culture of business transformation to improve efficiency and productivity; elaborate on how the COVID-19 pandemic has accelerated the digital transformation process, and how it has provided new opportunities; present a roadmap on how SMEs can navigate through the artificial and data analytics revolution; and provide recommendations on how SMEs can partner with institutes of higher learning. It concludes by elaborating on the skillsets and capabilities needed to drive digitalisation.

Suggested Citation

  • Clarence Goh & Yuanto Kusnadi & Benjamin Lee & Gary Pan & Sun Seow Poh, 2023. "Accelerating Digital Transformation of SMEs," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 13318, January.
    • Handle: RePEc:wsi:wsbook:13318
    as

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    File URL: https://www.worldscientific.com/worldscibooks/10.1142/13318
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    More about this item

    Keywords

    Digital Transformation; Data Analytics; Artificial Intelligence; Case Studies; Upskilling; Partnership with Universities; SMEs;
    All these keywords.

    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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