Blackbox Research collaborated with the Singapore Business Federation on the annual National Business Survey, polling local large enterprises and SMEs to find out their concerns and outlook for the upcoming year. The study was covered across key Singapore-based publications including The Straits Times and The Business Times.
The findings reveal that a third (33%) of companies have been investing significantly in business transformation. A quarter (25%) however, remain “slow starters” which are out of touch with technology and trends.
David Black, managing director, Blackbox Research, was quoted saying, “Slow starters appear to be far less responsive to some of the things happening in the business landscape…We also found that their self-reported performance (was poorer).”
Please see below for the summary report and the condensed infographics from the survey.