Hanoi, May 27 -- Singapore on May 26 launched a refreshed Retail Industry Digital Plan (IDP) aimed at accelerating digital transformation and artificial intelligence (AI) adoption among small and medium-sized enterprise (SME) retailers.
According to a joint statement by Enterprise Singapore and the Infocomm Media Development Authority (IMDA), the updated plan is expected to support more than 2,000 SME retailers in strengthening their competitiveness and resilience.
The updated IDP introduces several key changes, starting with a reorganisation of digital solutions based on business functions, such as front-of-house, back-of-house and corporate operations, instead of by stages of digital readiness. The agencies said this will make it easier...