Nearly 75% of Singapore firms accelerating digitalisation due to Covid-19

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Nearly 75 per cent of Singapore firms are accelerating digitalisation due to Covid-19

SINGAPORE -The Covid-19 pandemic may have stopped mixed martial arts promotion One Championship from holding large scale fights but the company has figured out how the show can go on:Besides live-streaming fights so that fans can tune in from wherever they are, the Singapore-based firm is working on taking the digital experience to the next level by offering data-driven insights for viewers as they stream live shows.

These are just some of the benefits of digitalisation for One Championship that will help the company make its offerings more immersive in response to the coronavirus, which has halted live sporting events with spectator crowds. Respondents in the survey worked in various sectors, including healthcare, manufacturing, and banking and retail.

More than half of the companies said in July that they found it easier to drive innovation, up from the 31 per cent before Covid-19 hit. Some of the factors cited as major innovation blockers before the Covid-19 outbreak were culture, innovation mindset and fear of failure.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

75 new Covid-19 cases in Singapore, including one in the community[SINGAPORE] There were 75 new coronavirus cases confirmed as of Wednesday noon, taking Singapore's total to 57,166. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »