Workato to help 1,500 SMEs with their digitalisation efforts under IMDA scheme
Workato to help 1,500 SMEs with their digitalisation efforts under IMDA scheme
Workato has announced plans to onboard over 1,500 SMEs to the Infocomm Media Development Authority’s (IMDA) Advanced Digital Solutions (ADS) scheme under the SMEs Go Digital programme.
Under the scheme, Workato will work with partners HReasily, SGTech, and Stone Forest, to help the SMEs get access to funding, resources and opportunities to scale up their digitalisation efforts across human resources, marketing, sales, and finance.
Launched by IMDA in March 2020, the ADS scheme was put together to help SMEs deepen their digital capabilities, strengthen business continuity and build longer-term resilience for growth. The scheme has since supported hundreds of SMEs in adopting advanced and integrated solutions.
Allan Teng, Founder and Senior Advisor for Workato APJ said:
Using Workato’s low-code, no-code integration and automation platform, we look forward to collaborating with IMDA and innovative ecosystem partners in Singapore to create a vibrant ecosystem that will support SMEs in unlocking the full potential of digital
A Workato survey, Workato and SGTech’s 2023 State of Digital Automation, found that while SMEs contribute to nearly half of Singapore’s Gross Domestic Product (GDP) and employ two-thirds of Singapore’s workforce, there exist roadblocks such as budget constraints continue to hinder businesses’ plans to digitalise.