To tackle the challenges in workforce and embrace the new normal of working from home, many companies in Singapore, especially those in the manufacturing sector, are accelerating their transformation journeys on digitalization. Some companies have even admitted that the digital transformation they have done in the last 2 months is a lot more than what they did in the last few years.
In Singapore, since the launch of the Electronics Industry Transformation Map (ITM) in 2017, companies in the semiconductor industry have embarked on their digitalization journey. As mentioned by Dr Koh Poh Koon, Senior Minister of State for Trade and Industry, in the SSIA Minister Dialogue Session, what is important now is to take it in practice and drive the transformation faster. It will help companies switch to a less manpower-reliant mode, boost productivity, and eventually emerge stronger out of the COVID-19 pandemic.
In this issue (Vol.9), we will look at digitalization solutions newly launched by different companies to drive productivity, enable solutions, and build resilience to cope with other expected or unforeseeable challenges.