No let-up in tech upgrades at S’pore firms in 2023

Sustainability reporting is driving business investments in tech even as consumer spending slows this year. ST PHOTO: CHONG JUN LIANG
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SINGAPORE – Local businesses are expected to keep up a steady pace of digitalisation in 2023, say technology providers.

Demand for cloud adoption and data applications remains, even with economic growth forecast by the Government to come in at or below 2.5 per cent, compared with 3.8 per cent in 2022.

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