With Asean integration in 2015, local SMEs told to embrace ICT

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Photo credit: www.micecapabilities.com Photo credit: www.micecapabilities.com[/caption] This is according to top executives who took part in a recent forum, titled ?Future Talks ? Ready for 2015: Future-Proofing SMEs for the AEC?, held at the Solaire Casino ballroom in Pasay City. AEC refers to Asean Economic Community, which is expected to take effect on December 2015. As AEC 2015 rolls in, the impact of ICT to local businesses is more pronounced than ever. A virtually ?borderless? economy will require a more robust ICT and e-commerce framework for SMEs to maximize the potential of the domestic and regional markets. Telco giant PLDT, which organized the forum, said that by embracing ICT solutions, SMEs will be better prepared to face the Asean integration. ?This will enable them to harness technology, expand their businesses and introduce more innovative products and services to the market as they are provided with platforms that can help them transition into the regional and global landscapes. ?Also, ICT integration will help them keep pace with the increasingly complex and demanding Asean economy through collaborations with the region?s strongest players. Lastly, it can potentially open doors for interconnected businesses to penetrate the supply chains of foreign enterprises,” it said The company said the Internet has evolved from just merely being used to browse e-mails and research for data to an ICT tool that enables collaboration among businesses in the region and around the world. ?Through the years, significant advancements have transformed the use of technology beyond instantaneous communication and information access across countries. The digital age and the upcoming integration have blurred international borders and revolutionized the way enterprises manage their businesses,? said Eric Alberto, PLDT executive vice president, and head of enterprise and international and carrier business. Alberto said Philippine SMEs who have flourished with traditional business models and manual systems should adopt ICT to keep pace with the changing times, as there is a stronger call for them to prepare for the Asean integration. ?Business leaders in the country need to understand the enabling impact of ICT not only in empowering them to introduce their products and services throughout the region, but also on how collaboration within their respective industries can contribute to the nation?s standing in the Asean Economic Community,? he said. ]]>

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