MIS Asia — Myanmar Oriental Bank (MOB) has teamed up with VMware – a cloud infrastructure and business mobility provider – to better support its growing number of small and medium enterprise (SME) customers. MOB’s employees across its network of 37 branch offices manage large amounts of data from customer information and financial records to provide financial intermediation for SMEs.
Enterprise Innovation — To increase the potential of local businesses, Thailand’s Ministry of Industry has initiated a project entitled “SMEs Spring Up.” Atchaka Sibunruang, the minister for industry, chaired the opening of the “SMEs Spring Up” project which aims to improve the abilities of small and medium sized businesses in Thailand. More than 100 businesses have been recruited to join the project.
Enterprise Innovation — SME Corporation Malaysia, a central coordinating agency under the Ministry of International Trade and Industry Malaysia that formulates overall policies and strategies for small and medium enterprises, wants more SMEs to list on Bursa Malaysia Bhd, an exchange holding company.
Enterprise Innovation — Expenditure on remote managed IT services (RMITS) among Indian’s small and medium businesses is likely to exceed US$1.6B in 2016, according to AMI-Partners’ recently published 2015-16 India SMB ICT & Cloud Services Tracker Overview.
GoDaddy Inc. is expanding its hosting services this week with the launch of its worldwide Cloud Servers platform and Bitnami-powered Cloud Applications to help professional web developers who work with small businesses. The Scottsdale-based web hosting company is always trying to make it easier for anyone to manage their company online, whether it’s the small business themselves or the professional hired to do the work, said Jeff King, GoDaddy’s senior vice president and general manager of hosting and security.
Enterprise Innovation — Technology provider GoDaddy Inc. is now in 11 new Asian markets, bringing its reach to 14 markets and its services available in 10 languages in Asia. GoDaddy CEO Blake Irving was in town last week to share about his company’s expansion plans, as well as to announce the addition of .cn to its domain lineup. In Asia, Irving spoke about the company’s expansion efforts in India, which we reported on last July.
Tech in Asia — Cloud-based software-as-a-service (SaaS) products are seeing hyper growth as small and medium businesses (SMBs) take to them in a big way. And Indian SaaS startups are well-placed to capitalize on it, says a joint report by Google and Accel Partners released today.
Telecom Asia — Small business technology services provider GoDaddy has expanded further into Asia, launching in 11 more markets including Hong Kong. The company has launched its suite of cloud-based products for SMEs across the region. With the launch GoDaddy services are now available in 14 Asian markets, also including Japan, Indonesia, Malaysia, the Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam.
Enterprise Innovation — Singapore’s SMEs are struggling with the high cost of doing business, in particular wages and rents. They also face growing competition from across the region. The latest SME1000 rankings published by the DP Information Group showed that, compared to last year’s rankings, the combined revenue of Singapore’s top 1000 SMEs rose 2.9 per cent to S$29.2 billion.
ZDNet — GoDaddy has extended its cloud-based offerings for small businesses to 11 markets in Asia, but is still holding back on China until it figures out the best way to address the potentially lucrative market. The Arizona, US-based vendor this week launched in several Asian economies including Singapore, Hong Kong, South Korea, Taiwan, Thailand, and Japan, offering support for local customers as well as languages.
Enterprise Innovation — Small and medium enterprises are the foundation of almost every nation’s economy. They employ at least 70% of workers in the majority of countries, make up 80% of net job growth, and contribute over 50% of GDP in almost all major economies. 10 million new jobs could be created if barriers to entrepreneurial ecosystems are removed.
Channel News Asia — SINGAPORE: Small businesses in Singapore are optimistic about growth in the next 12 months, even if they are apprehensive about the economy, a survey has found. The findings from CPA Australia’s annual Asia-Pacific Small Business Survey, which is based on responses from about 3,000 small business operators in Malaysia, Vietnam, Indonesia, China, Hong Kong, Australia, New Zealand and Singapore, were released on Friday (Jan 22).
Enterprise Innovation — By the end of 2016, enterprise “tingi pack” or sachets for cloud and IT services will thrive among SMEs, according to industry analyst IDC Philippines. “The enterprise tingi pack is going to be common in the consumption of IT products and services,” says Alon Anthony Rejano, analyst, IDC Philippines.
Fujitsu Hong Kong and KDDI Hong Kong have announced the immediate availability of the new all-in-one ICT solution named ICT One Touch for businesses in Hong Kong, particularly SMEs. As the result of the two companies’ first-ever collaboration, the solution will take advantage of the synergy between the world-class managed infrastructure services by Fujitsu and the robust network and data center facilities known as Telehouse by KDDI to provide a one-stop ICT service experience for businesses of all sizes.
Telecom Asia — Targeting retailers and wholesale distributors as well as business-to-business and business-to-consumer companies, SAP Anywhere is a front-office solution specifically tailored to the e-commerce needs of SMBs with 10 to 500 employees. It enables SMBs to monetize digital sales channels by using a full set of customer experience and commerce features, including inventory control and insight, online marketplace management and business and customer engagement.
Vulcan Post — Deskera, the Singapore-based company is a provider of cloud-based integrated business software, and was recently named the #1 Integrated Business Application as a Service in Southeast Asia. In the historically security- and control-conscious Asia-Pacific market, many business leaders are beginning to warm up to the idea of cloud-based services.
Business Mirror — Singapore: During the company’s just-concluded media summit here, SAP Asia Pacific Japan (APJ) President Adaire Fox-Martin said that gone are the days of the so-called industrial economy, when everything was done in a manual way, or the whole series of mechanical-based process had enabled the movement of goods and services.
The Star — LONDON: Jack Ma, the founder of Chinese online commerce giant Alibaba, urged small and medium-sized Western companies to take advantage of China’s expanding middle-class by entering the country’s markets. “In the next 10-20 years, we believe there will be half-a-billion middle class people (in China),” he told the UK-China Business Summit, which was held in London on the fringes of Chinese President Xi Jinping’s state visit.
MIS Asia — Microsoft recently partnered telco HKT to enable small and medium-sized businesses (SMBs) in Hong Kong to thrive in the new world of work and be more competitive. According to Microsoft, the new world of work requires businesses, especially SMBs, to be more responsive, embrace mobility and improve security.
Times of India — NEW DELHI: E-commerce major Snapdeal will invest $100 million (about Rs 665 crore) in Shopo as it looks to build up the recently launched venture into a one million seller-strong platform. Launched in July, Shopo is a mobile-only platform, which aims to bring small and medium businesses (SMBs) that cannot register on bigger e-commerce portals.
Enterprise Innovation — Asia’s small- and medium-sized enterprises (SMEs) need finance to help them grow into dynamic, internationally competitive companies. This is key to strong, sustainable growth in Asia as the world recovers from the recent global economic slowdown, says a new report from the Asian Development Bank (ADB).
Times of India — MUMBAI: Twitter launched the self-service advertising platform to small and medium-sized businesses (SMBs) in India. According to a statement, Twitter has expanded the platform reach of Twitter Ads globally from 33 countries to over 200 countries. The release said SMBs from India to Iceland can more effectively reach their target audiences on Twitter in 15 languages. In addition, Twitter also announced the total active advertisers, including SMBs to be approximately 100,000.
PRNewswire — LONDON: India mobile middleware market is one of the fastest growing markets across Asia-Pacific. Increasing need for real-time integration of data over mobile enterprise applications, growing number of wireless protocols and rising adoption of cloud-based applications are the leading factors driving the need for secure, reliable and efficient communication.
MANILA, Philippines – Let’s start with a few assumptions, said May-Ann Lim, executive director of Asia Cloud Computing Association (ACCA): if you think that Asia will be the next driver of global growth, then you’ll wonder what powers that growth. “Small and medium enterprises (SMEs) make up 99.95% of all enterprises in the Asia-Pacific region,” Lim said in an exclusive interview. Enabling faster SME growth therefore enables you to have the greatest positive impact on regional development, she added.
A new study released by F5 Networks has found increasing focus and efforts on cloud computing in the Asia Pacific region, with 58.6% of organization decision-makers identifying it as their number one priority in the next 12 months. In Hong Kong, 95% of enterprises are either already using cloud services or currently in the planning or implementing stage. A large number of companies adopting cloud services at 47.4% are looking to complement their existing IT set-up, while 24.9% are looking to enhance and 20.7% to augment their existing IT environment.
Across the Asia Pacific region small- and mid-size enterprises spent $2 billion on cloud computing services last year, an impressive growth rate of 42 percent. Despite the rapid expansion of cloud technology, there is still a lot of room to grow. SMEs make up the vast majority of business across Asia, representing more than 90 percent of all businesses. The Asian Cloud Computing Association (ACCA) reviewed 14 developed and emerging nations in the Asia Pacific region and found that, together, these nations contribute $10.9 trillion to their national economies and generate 49 percent of the region’s total GDP.
IT is a mantra uttered so often that it has become a commonly accepted statement of fact: That Asia will power the new global economy. “It’s become such a buzz topic,” said Lim May-Ann, executive director of the Asia Cloud Computing Association, who spoke to Digital News Asia (DNA) in Manila. “If we accept that Asia is going to be the engine of the new economy, and also that 99.95% of companies in the region are small and medium enterprises (SMEs), then it stands to reason that SMEs are going to be the ones powering the new economy. “But that begs the question: What exactly is an SME?” she added.
This information was shared by Acronis CEO Serguei Beloussov within the framework of the conference on ERP (Enterprise Resource Planning) revolution held in Ho Chi Minh City last week. Acronis has provided reliable cloud backup for financial institutions, banks, multinational corporations, SMEs and individual customers. The company’s customer base includes some of the leading firms operating in Vietnam, such as Korean tech giants Samsung and LG.
Singapore is setting up a portal to make it easier for small and medium businesses to find and apply for grants from the government. The first phase of the Business Grants Portal will be rolled out in the next year, said Teo Ser Luck, Minister of State for Trade and Industry today. The portal will consolidate 20 existing grants and categorise them under three categories – capability development, internationalisation and training.
The Nation/Asia News Network–Japanese small and medium-sized enterprises in various manufacturing and service sectors are looking at using Thailand as a base for expansion into other ASEAN markets. Industry Minister Chakramon Phasukavanich said that under Japanese Prime Minister Shinzo Abe’s policy to help SMEs invest overseas, many companies wanted to expand into Thailand because of the two countries’ close relations and their view that Thailand is a center for ASEAN linkage.