Far East Organization is among those seeing tangible benefits. It automated end-to-end lease management using SAP’s solutions to improve data accuracy, reduce manual inputs, and provide real-time insights into portfolio performance. These enhanced analytics now track trends in rental, occupancy rates, and lease durations, giving property managers actionable insights to respond faster to market changes while making better decisions that strengthen portfolio and operational management.
Singaporean businesses are investing heavily in artificial intelligence (AI) and seeing solid early returns, but fragmented data foundations and workforce readiness gaps could limit their ability to capitalise on the next wave of AI innovation, according to new reports.
Companies here are spending an average of US$14.5 million ($18.9 million) this year on AI initiatives and reporting an average return on investment of 16%, according to The SAP Value of AI Report. More than half (63%) say AI has already helped them address key challenges such as improving decision-making and customer engagement.
