Company Alibaba Cloud, a cloud division of Alibaba Group, together with Singapore Digital Development Agency (IMDA) announced the launch of a large-scale educational and technological initiative aimed at accelerating the digital transformation of small and medium-sized businesses. The program will cover 3,000 small and medium-sized enterprises (SMEs) it also focuses on implementing cloud services, artificial intelligence technologies, and staff training.
The goal is to increase the digital maturity of SMEs
The project is aimed at enterprises seeking to increase their competitiveness through the digitalization of internal processes. The program includes practical implementation of cloud solutions, usage AI tools for operational optimization and employee training basics of working with digital platforms.
Special emphasis is placed on automation of business operationsincluding data processing, customer analytics, inventory management, and digital logistics. These measures are designed to reduce costs, speed up processes, and increase companies ' resilience to market changes.
Support within the Smart Nation strategy
The Alibaba Cloud and IMDA initiative is implemented as part of the national program Smart NationIt is aimed at a comprehensive digital transformation of Singapore's economy. According to IMDA, the project is funded from state package of digital support for enterprisesoperating at the ministry level and focused on the modernization of small business infrastructure.
The program also provides for the participation of certified specialists and technical consultants who will provide methodological support and support the implementation of solutions at each stage. This will allow companies to not only learn new tools, but also adapt them to their own business models.
Long-term goals-sustainable growth and integration into the digital economy
Representatives of Alibaba Cloud emphasize that the program has a long-term focus. Its task is not only to ensure the technological renewal of companies, but also create a culture of digital thinkingto prepare businesses to participate in digital supply chains and expand their capabilities in international markets.
According to the IMDA statement, a phased recruitment process will begin in the coming months, with priority given to companies from the retail, logistics, manufacturing and services sectors-the sectors most susceptible to technological change.
Thus, the Alibaba Cloud and IMDA initiative is an important step in developing Singapore's digital economy and strengthening the position of SMEs in the context of global business transformation.
