As we aim to be world’s first smart nation, our government is leaving no stone unturned to realize this dream by analyzing the city’s smart capabilities together with technological proficiency and social cohesion. However, coding and computational thinking are among the most important skills to bring up advanced solutions and cater to the high technical requirements to transition into a smart nation. People with appropriate know-how will have more growth opportunities and competitive advantage together with government support to devise solutions for an effective vision.
In the recent Budget 2015, the government has strengthened support for Innovation by providing grants for local SME’s in the areas of R&D of new technology or products, process improvements and marketing efforts. Together with the existing PIC Scheme (Productivity and Innovation Credit Scheme), iSPRINT (Increase SME Productivity with Infocomm Adoption& Transformation), ICV (Innovation and Capability Voucher), R&D tax rebates, etc., the government has enhanced its support for other existing grants for SME’s commitment to innovation. For example, CDG (Capability Development Grants) by SPRING has now enhanced funding support level of upto 70% of costs for projects below S$30,000.
Hence we see that the government is providing ample support and facilities for SMEs to thrive and innovate in the fields of technology and productivity, predominantly to help the employees grow and prosper together with the growth of the country. A firm’s ability to grab the opportunity sooner than its competitors will prove to be an invaluable asset as timing and speed of execution will differentiate the winners from the losers.
As mentioned in HBR report “The Digital Dividend: First Mover Advantage” , companies that believe in adopting IT that drives innovation and growth pursue first mover advantage. Like the adage goes “Early bird gets the worm”, firms that adopt latest technologies earlier are more likely to excel faster and gain a better market position. According to the report,
– 34% of the surveyed respondents categorized themselves as Pioneers,
– 35% as Followers – those who track the leaders and act on proven results and
– 30% as Cautious – those who adopt the technology only when it is well-established.
An interesting finding is that 72% respondents said that use of new technologies has increased responsiveness to customers. Just 3% said that IT is a drain to resources.
The study emphasized the role of Big 5 technologies – cloud computing, advanced analytics, social media, mobile and M2M in various organizations and how these technologies are defining the future of these firms. By combining these technologies, early adopters can gain significant value and huge advantage by moving ahead of its peers. The report already stated that early adopters tend to have first mover advantage.
NetAssist is helping its partners to adopt some of these technologies and ride the technology wave earlier than its peers. Our well-structured courses in Cloud Computing and its related technologies like Azure Development and Office 365 has been much sought after courses in the recent months. We help the firms to get government grants for technical innovation easier and faster by offering world class training in latest technologies; the fact that we have won Microsoft partners awards for 3 consecutive years now attests to our credentials.
NetAssist is back with its highly successful Microsoft certification marathon “Certkathon 2015 #borntolearn” again by popular demand. Interested participants have an opportunity to become MCP at a much discounted fees and a chance to win some really cool prizes. A series of sessions on latest technology is bound to empower and acquaint the participants with career advancements in IT. Click here to register for Certkathon 2015. For more details, please email us at email@example.com