With SG$500 million now set aside to support such efforts, the focus will be to help businesses in three key areas of digital transformation, he said. For one, more would go towards helping F&B stallholders in hawker centres, wet markets, coffee shops, and industrial canteens transition towards e-payments, with each to receive SG$300 a month for five months to do so. Specifically, the deployment of Singapore QR codes would be accelerated amongst these businesses, which requires businesses to sign up only once with NETS3 to receive payments through 19 providers including Singtel Dash, GrabPay, and local bank mobile payments such as DBS PayLah. … [Read more...] about Singapore puts $352M focus on digital transformation to help firms cope with pandemic fallout
Digital transformation technologies
Most experts agree that COVID-19is going to be around for some time. Widespread availability of a vaccine is at least 18 months away. But business can't and won't be on hold during that time. Technology will play a pivotal role in running your business during the pandemic. So far, many firms have focused their pandemic technology strategy on enabling remote workers. But now they need to widen their scope. … [Read more...] about Manage through the pandemic’s next stage with technologies in four categories
NHSX boss Matthew Gould, speaking before the Science and Technology Committee at the end of April, said: "If you want to keep your family and yourself safe, if you want to protect the NHS and stop it from being overwhelmed, and at the same time if we want to get the country back and the economy moving, then the app is going to be an essential part of the strategy for doing that." … [Read more...] about Contact-tracing app: How much difference will it really make?
Now facing high levels of demand for online orders due to COVID-19, Coupang has been busy, and the warehouse near Seoul has now become a new hotspot for infection. According to the publication, thousands of temporary staff were hired to cope with high consumer demand, but these large numbers may have had social distancing difficult. Investigating health authorities have also suggested that some employees did not wear masks and protective equipment was not properly cleaned or disposed of. … [Read more...] about Softbank-backed Coupang becomes central to new South Korean COVID-19 outbreak
Master the supply chain: Amazon was at the edge of the personal protective equipment (PPE) panic purchasing. Analysis of its partners quickly showed how demand spikes were translating into price gouging and PPE outages for medical workers. Additionally, Amazon was tuned into the broader purchasing patterns as governments implemented stay-at-home orders and business shutdowns. Analysis of data gave Amazon a window into quickly delisting price-gouging vendors, segmenting PPE sales to the needs of care communities, and optimizing sales and shipping to support essential products. It retooled its retail and logistics operations in a matter of days and scaled. … [Read more...] about COVID-19 didn’t break your business. Data did.