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RealClearPolitics

Real Clear Politics News (2026)

‘What matters is whether SMEs can put AI to good use’: Josephine Teo

Up to 10,000 SMEs will get six months’ free access to an AI-powered document platform.

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Top images via Mothership, Google Photos

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The Infocomm Media Development Authority (IMDA) aims for at least 70 per cent of pre-approved digital solutions to be AI-enabled within two years.

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As of Oct. 13, 55 per cent of the pre-approved solutions on IMDA’s small and medium-sized enterprises (SMEs) Go Digital platform are AI-enabled, exceeding an earlier target of 50 per cent.

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SME adoption of these AI-enabled solutions increased by close to 20 per cent year-on-year from 2025 to 2026.

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Speaking at SMEs Go Digital Day 2026 on Oct. 13, Minister for Digital Development and Information Josephine Teo said increasing adoption was encouraging, but was not the end goal.

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“What matters is whether SMEs can put AI to good use,” Teo said.

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She said the aim was for SMEs to use AI to serve more customers, innovate faster, enter new markets and compete with larger companies.

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Teo acknowledged that the growing number of AI tools could make it difficult for SMEs to determine which ones were suitable for their businesses.

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IMDA has curated more than 100 global AI tools on its SMEs Go Digital platform across business…

Original source: https://mothership.sg/

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