Asia-Pac SMEs responding well to pandemic, but face challenges in digital transformation: poll


Source: sgsme.sg sgsme.sg

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THE Covid-19 pandemic has compelled small and medium-sized enterprises (SMEs) to swiftly adopt new ways of working and selling, and firms in the Asia-Pacific (APAC) region have responded better than their peers elsewhere in key areas, a study by SAP and Oxford Economics found. The study published on Friday was conducted between Feb 27 and April 30 and surveyed 2,000 respondents from the Americas, Europe and APAC on their priorities, challenges and digital maturity. Mid-fieldwork, the researchers added a section on the impact of the Covid-19 pandemic, which garnered responses from 240 SMEs in APAC, 174 from Europe and 92...