The State of SMBs in Asia: A Need to Transform
Publish Time: 01 Jan, 1970
  • Overview
  • Press Materials
  • Video
  • Executive Spokespeople
  • Quotes
  • Media Contacts
  • Overview
  • Press Materials
  • Video
  • Executive Spokespeople
  • Quotes
  • Media Contacts

 

News highlights:

  • HP study reveals optimism among SMB business owners
  • Bouncing back will require SMBs innovation in work processes, flexible work options and customized products and services
  •  SMBs unclear on how to innovate, especially when cashflow is a key concern
  •  Indonesia, India, Vietnam, Australia, and Thailand SMBs are the most confident of their ability to be innovative
  • SMBs in Japan, South Korea and Singapore are more conservative about their predictions for the future based on the global nature of their economies
  • HP is introducing remote work solutions to enable SMBs to stay productive and effective 

Read more about the Asia SMB Report in this press release.

 

PRESS MATERIALS

Asia SMB Report

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Media Presentation

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By the Numbers

Read Infographic

From Survival to Revival

How Asia SMBs Can Find Their Way Back to Growth

EXECUTIVE SPOKESPEOPLE

Ng Tian Chong

Managing Director Greater Asia, HP Inc.

Read Bio

Lisa Messenger

Founder, Collective Hub 

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Jinho Yang

Chief Operating Officer, Toss Lab

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James Wong

Co-Founder and CEO, Kapital Connection

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"SMBs are the lifeblood of every economy in Asia but the pandemic has hit SMBs hard. As the engines of growth for Asia economies, it is critical for them to move past survival to revive their businesses. With the right ecosystem of devices, tools and technology we want to help SMBs unlock innovation for customer and employee-centric experiences, to move from survival to revival."

Ng Tian-Chong, Managing Director, Greater Asia, HP Inc.

"An insightful discussion with HP - I think many companies get discouraged when they meet roadblocks in implementing digital tools. But meeting them head-on will reveal that these barriers to success are often quite common and quickly identifiable. And the right tools and resources will help drive Asia's economic growth post-crisis while ensuring SMBs have the culture, practices, and skills for the next normal!"

Jinho Yang, Chief Operating Officer, Toss Lab

"The number of SMBs that do not invest in innovation as a discipline, is too many. Yet almost 60% of SMBs in Asia see digital transformation as a key to their success post-COVID. The issue here is not a lack of want, but a lack of proper guidance. For one, there is never a better time to conceptualize their evolution and learn how digital tools can support their transformation. SMBs can view tech as more than a tool; it can be a 'new hire' to augment existing workforce's capabilities. These are the conversations we need to have; it was a pleasure being on the panel."

Lisa Messenger, Founder, Collective Hub

"Cashflow management is not just a finance issue, it's also an operational issue. And SMBs will do well to remember that. SMBs too often fence themselves in by looking primarily towards financial institutions for help -a crucial point raised in our discussion. But from investing in technology to monetizing assets, there's really an ecosystem SMBs can look towards for assistance to optimize cashflows. A fantastic discussion with HP."

James Wong, Co-Founder and CEO, Kapital Connection

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