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Rabu, 11 Januari 2023 23:37:00
New Survey shows Businesses that Do Not Automate Risk Falling Behind the Curve
Industry report by SGTech and Workato reveals that 80 percent of Singapore companies deploy automation to solve productivity and manpower issues. |
Pitch Notes:
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SINGAPORE - Media OutReach - 11 January 2023 - Automation will be critical in driving productivity and performance for most enterprises in Singapore, according to a new industry report commissioned by SGTech, the leading trade association for Singapore's technology industry, and Workato, the leading enterprise automation platform. The report, The State of Digital Automation 2023, explores how automation is creating an impact on enterprises in Singapore.
The full report can be viewed and downloaded here. Key strategies to encourage future adoption and maximize automation to drive business outcomes Of organizations that have yet to deploy automation, eight out of 10 organizations are intending to start in 2023. However, 36 percent of enterprises cited overly technical processes as a roadblock for business teams to automate independently. Digital automations are still majority owned by IT departments, according to 54 percent of respondent enterprises. Enterprises also reported that the likelihood of achieving or outperforming their targets was higher, at 78 percent, when every department was involved. To empower non-IT business functions to deliver automation projects, organizations can consider adopting easy-to-build automation platforms and low-code/no-code technologies. A change management program that involves all stakeholders will also be key to driving adoption and successful automation programs that meet departmental automation needs. Methodology The State of Digital Automation report is based on anonymized data collected from 133 enterprises in Singapore with annual revenues that range from under SGD$1 million to over SGD$500 million. The data was aggregated from a 20-question survey held from mid-July to early August 2022. This survey invited participation from all organizations with a business presence in Singapore. Hashtags: #Workato #SGTech #Automation #Business #Technology #DigitalTransformation #SME The issuer is solely responsible for the content of this announcement. Workato The leader in enterprise automation, Workato helps organizations work faster and smarter without compromising security and governance. Built for Business and IT users, Workato is trusted by over 11,000 of the world's top brands like Broadcom, Intuit, Box, Autodesk, and HubSpot. Headquartered in Mountain View, Calif., Workato is backed by Altimeter Capital, Battery Ventures, Insight Venture Partners, Tiger Global, and Redpoint Ventures. For more information, visit www.workato.com or connect with us on social media:
SGTech SGTech is the leading trade association for Singapore's tech industry. Representing over 1,000 member companies ranging from top multinational corporations, large local enterprises, vibrant small and medium-sized enterprises, and innovative startups, it is the largest community in Singapore where companies converge to advocate for change and drive what enables tech innovation and accelerate tech adoption to spur greater sustainability in the sector. SGTech's mission is to catalyse a thriving ecosystem that powers Singapore as a global tech powerhouse. To learn more, visit www.sgtech.org.sg.
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