Singapore, August 29, 2022 /PRNewswire/ — Companies in Singapore most likely in Asia Pacific A study by global professional accounting firm CPA Australia found that data analytics and visualization, cybersecurity, and robotic process automation (RPA) should be used within the next 12 months.

SingaporeCloud-based companies are already the top users of RPA in the region, with 57% of respondents in the region saying their companies have adopted RPA as a business tool.

The Business Technology Report 2022 surveyed 820 professionals from various industries. Singapore, Australia, new zealand, main land China, Hong Kong, Malaysia When VietnamRespondents were asked about their adoption of technology in the workplace and its impact on business performance.

CPA Australia Singapore Division President Max Law of companies adopting technology Singapore will pay dividends.

“New technologies increase the efficiency of organizations by automating many mundane and high-volume tasks.It enables employees to perform tasks such as customer engagement and create more value for the organization and stakeholders. It allows me to focus on tasks that require strategic thinking,” says Loh.

Over 80% of respondents Singapore say their company has a digital transformation strategy, which is above the survey average of 77%. Nearly one-third of respondents say their organizations will begin or continue to implement a digital transformation or technology strategy within the next 12 months.

“Technology will play a pivotal role in the evolving future of the workplace,” said Loh. is important,” he said.

However, the survey revealed that many companies need outside help to overcome the barriers to digital transformation. High financial costs and low return on investment are challenges for 37% of his respondents, and 35% point to a shortage of tech talent.

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about two-thirds Singapore Respondents say they have worked with a technology company or vendor in the past year to supplement their technology needs.

Respondents at large companies were more likely to report having outsourced their technology needs to address talent shortages. .

CPA Australia Digital Board Chair and PwC Singapore Digital Business and Risk Services Leader Greg Unsworth He said that as companies become more digital, the demand for technical talent will increase.

“Data scientists and engineers, cybersecurity professionals and developers of all kinds are in great demand. It is becoming increasingly important for companies to upskill or reskill their current workforce to drive human-driven and technology-enabled productivity, innovation, and growth. We leverage our ability to do that,” says Unsworth.

Read the Business Technology Report 2022

About CPA Australia

CPA Australia One of the world’s largest professional accounting institutions, with over 170,000 members in over 100 countries and territories. Singapore. CPA Australia is operated by Singapore Since 1954 Singapore Our core services include education, training, technical support and advocacy.CPA Australia Provides thought leadership on local, national, and international issues that affect the accounting profession and the public interest. We work with governments, regulators and industry to advocate for policies that stimulate sustainable economic growth and deliver positive business and social outcomes. Learn more at cpaaustralia.com.au

Source CPA Australia