He continues: "Our SMEs continue to show strong digital adoption, with more than 7,200 businesses embracing AI-enabled, integrated and cloud-based solutions in the past year. Building on this momentum, I am happy to share that IMDA is launching three new partnerships, in support of the Digital Enterprise Blueprint."
While generative AI holds promise, its value hinges on how effectively businesses apply it. The Infocomm Media Development Authority (IMDA) has therefore announced new partnerships to help small and medium-sized enterprises (SMEs) build the necessary digital capabilities.
"The digital economy contributes to nearly 18% of Singapore’s GDP. Despite the global uncertainty, we expect technology, especially artificial intelligence (AI), to continue to drive quality economic growth," says Senior Minister of State for Digital Development and Information Tan Kiat How at the Asia Tech x Enterprise event.

