Home / Knowledge / News / Information Technology / Innovation & technology to sustain SMEs amid global crisis
Innovation & technology to sustain SMEs amid global crisis
26
May '09
The little guys always get hit the hardest, or so says conventional wisdom. But, according to some experts: It doesn't have to be that way anymore.

An APEC seminar featuring speakers from Microsoft, Dell Global, Intel Asia, eBay/Paypal and other corporate legends will explore ways for SMEs to actually take advantage of the precarious times that have brought many of the world's most established players to their knees.

“The time is ideal for small and medium sized enterprises (SMEs) to take advantage of both advances in information technology and the drastic reduction in costs,” insists Michael Mudd, Comp TIA Director of Public Policy, Asia-Pacific.

Mudd explains that: “Ten years ago, Google moved out of a garage to a small office and had just eight employees; eBay was a domestic US classified ad service; five years ago Facebook and Myspace did not exist; two years ago Software as a service (SaaS) was virtually unknown.

All of these advances hold out a promise for the SMEs that are creative enough to use them. We need to listen to what is happening globally and design a relevant program with inputs from Government, Academia and Industry.”

The APEC SME Technology Entrepreneur Seminar, held on the cusp of APEC SME Working Group meetings, will take place in Kuala Lumpur Malaysia, 3 – 5 June, at the KLCC Hotel and Spa.

The global economic crisis is an important factor. Discussions will address the central theme, Innovation and Technology – The Sustaining Power of SMES in the Global Economic Crisis, and much debate is anticipated.

Asia-Pacific Economic Cooperation

Must ReadView All

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X