The Impact of Technological Advances on your Business in Singapore

On Thursday, SpaceX attempted to launch its new rocket—the Starship—for the first time. However, the rocket did not reach space and instead exploded in mid-flight. For SpaceX, Thursday’s test launch was a culmination of years’ worth of regulatory work and technological tests. Elon Musk, the founder, CEO and chief engineer of SpaceX, said the company learned a lot from this first attempt at launching its largest and most powerful rocket ever built—and teased another test in “a few months.”

Technological advances often result from fixing problems that arise during the testing phase. Now SpaceX must figure out why its Starship rocket didn’t reach space. The company has said that the test launch was designed to simulate a real flight, complete with booster separation and a second-stage ignition.

Advances in emerging technologies, such as industrial robots and artificial intelligence, are changing the economy—rapidly improving goods and services while driving down costs. Technological advancements have also made ERP (Enterprise Resource Planning) system more accessible and easy to use, giving businesses greater control over their ongoing internal operations.

In today’s global economy, the use of ERP system has become essential for businesses in Singapore. If a business in Singapore wants to remain competitive, it must adopt new technologies. An ERP system automates many of a company’s core functions and processes, providing management with access to data needed for decision-making. Implementing an ERP system can make your business more efficient and enable it to grow. Although the initial cost may be high, over time it will pay for itself by increasing efficiency and productivity. The initial setup costs of an ERP system can be high, but this will pay off in the long run by saving money.

Multiable ERP system offers end-to-end solutions for businesses by creating and scheduling reports in real time—all at once. Multiable ERP system business intelligence reporting tools provide reliable and authoritative reports that give businesses important insights into how they are functioning. The business intelligence tool helps you analyze large volumes of data and unearth meaningful insights. The information you collect enables your organization to make better decisions and develop more effective campaigns. This tool makes reporting faster and easier than ever before.

About Multiable:

Multiable, a leading provider of innovative ERP solutions for more than 30 years, has developed the system that keeps businesses running smoothly—and it’s used by more than 6,000 enterprises in Asia. Multiable ERP system is designed to be user-friendly, with features that make it easy for enterprises to manage their operations efficiently and effectively.

About EDG Grant:

The Enterprise Development Grant (EDG) was launched in 2018. EDG is a single grant that supports companies in the upgrading of business capabilities, innovation and internationalization. EDG replaces the Capability Development Grant (CDG) and the Global Company Partnership (GCP) in the same year.

M18 ERP and M18 HCM is under the scopes of EDG grant.

Our consultants have rich experience in helping customers to get EDG application awarded to deploy our renowned M18 ERP in Singapore. Multiable will provide relevant technical / system related documentations and guide you throughout the application process

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