Upskilling: An Important Currency That Buys SMEs a Future in the Digital Age
Upskilling is the key investment that empowers SMEs to fully leverage technology, stay competitive, and thrive in ASEAN’s fast-evolving digital economy.
UOB FinLab recently partnered with Synagie to enhance its Digital Innovation and E-commerce module on our UOB FinLab community page, combining expertise to equip businesses with the tools and strategies needed in the ever-evolving digital landscape.
E-commerce is not just growing; it’s transforming the way businesses operate worldwide. In 2023, global retail e-commerce sales reached US$5.8 trillion, with projections showing a 39% increase, surpassing US$8 trillion by 2027 (Statista). This significant shift demands that businesses adapt, innovate, and excel in the digital space.
With over 80% of SMEs implementing digital transformation strategies (Microsoft Singapore and the Association of SMEs), the market is significantly competitive. However, many businesses face challenges such as limited resources, lack of expertise, and navigating disruptive technologies. Moreover, Southeast Asia’s E-Commerce market is growing rapidly, but its diversity presents unique challenges from navigating varied consumer behaviours to managing complex regulatory frameworks.
This Synagie module addresses these challenges by equipping businesses with practical tools and insights to seize opportunities and overcome obstacles. It offers a comprehensive approach to digital transformation, helping businesses thrive in a competitive landscape.
Beyond market insights, the module empowers businesses to master digital commerce strategies, optimise customer experiences and capitalise on emerging trends like immersive shopping and premium offerings.
By leveraging transformative technologies such as generative AI, the Synagie module enables businesses to streamline operations, drive innovation, and ensure sustainable growth.
This module is ideal for:
Register now to start your journey toward digital excellence today!
Upskilling is the key investment that empowers SMEs to fully leverage technology, stay competitive, and thrive in ASEAN’s fast-evolving digital economy.
Digitalisation works best when guided by strategy. SMEs that align tech with business goals see real impact. UOB FinLab helps SMEs digitalise with purpose — through expert programmes, peer support, and sustainable solutions.
Continuing from last year, #UOBxWomenpreneurs series returns in 2025, organised by Business Banking Singapore (BBS), UOB FinLab, and Group Wholesale and Markets Marketing (GWMM) to engage and empower women entrepreneurs in Singapore. The initiative creates a strong platform for women-led businesses to access practical resources, mentorship, and a supportive network as they grow and lead with confidence.
Designed for business owners to enhance their digital capabilities through practical learning, this programme takes businesses to the next level.
Designed for business owners to enhance their digital capabilities through practical learning, this programme takes businesses to the next level.
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