Website lists tech solutions for SMEs to draw on, Business News …

Smaller firms have tended to lag behind when it comes to technological innovations, but a new initiative aims to help them get up to speed.

The Tech Depot, as it is called, is a website that lists readily adoptable technology solutions that are eligible for funding support.

Launched yesterday at the annual SME Day 2017 event, it lets firms contact qualified vendors to provide expertise in areas such as customer management, data analytics and more.

There are 30 options available, with more to come.

The service was devised by the Agency for Science, Technology and Research (A*Star), the Info-communications Media Development Authority of Singapore and Spring Singapore.

It can be found at www.smeportal.sg/techdepot, a portal run by Spring Singapore that provides information, tools and services for building businesses.

  • $550m Spending on research and development by SMEs in 2011.

    $700m Spending on research and development by SMEs in 2015.

One example of a tech solution offered by the Tech Depot is the workflow mobile solution, called wfMOBILE.

wfMOBILE was launched six months ago to help employees who work on the go. The service can configure a variety of workflow processes, like managing sales orders to run on mobile devices such as tablets or smartphones.

The need for small and medium-sized enterprises (SMEs) to embrace technology solutions like this was stressed by Mr S. Iswaran, Minister for Trade and

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