As a result of increased automation 31% of businesses in Singapore are reducing headcount and 22% are substantially changing employees’ roles.
One in three Singapore business leaders are not confident of revenue growth over the next 12 months (33%).
Half of business leaders in Singapore surveyed by PwC (51%) say advanced automation and AI are top strategic priorities in the next two years.
Singapore is also the launchpad for FinTech firms looking to move across ASEAN
SINGAPORE (November 12, 2019) – Singapore is the best prospect in the Asia Pacific region for investment according to Emerging Trends in Real Estate Asia Pacific® 2020, a real estate forecast jointly published by the Urban Land Institute (ULI) and PwC.
The Lion City witnessed a surge in transactions in the first half of 2019, with most activity driven by cross-border capital, and volumes in the
Tuesday 12 November, 2019 - The Asset and wealth management revolution: Investor Perspectives - rethinking purpose and performance report is based on PwC’s point of view and the Investor Alignment Index developed by PwC with responses from 750 institutional investors and 10,000 retail investors around the world.
Ample scope to win more business
To determine what investors care about most, Pw
Cyber risk, technology and change management have been pinpointed as the three biggest concerns for insurers in Singapore, according to a poll of senior industry experts.
PwC Singapore launches new sustainability report, looking at the firm’s strategy, policies and performance in the areas of environment, social and governance
PwC rated highly for developing future functionality and offering road maps and for its financial/funding model strategy
In Singapore, PwC pledges close to S$10 million to digitally upskill its people in line with its global ‘New World. New Skills.’ commitment. PwC’s global revenues up 7% to US$42.4 billion. Focus on our purpose drives good revenue growth in all major markets and areas of business. 25,000 new jobs created, increasing the workforce to 276,000.
PwC Singapore has appointed Paul Pak as the new Leader of its Asset & Wealth Management (AWM) practice with effect from 1 October 2019. Paul succeeds Justin Ong, who has led the practice since 2006.
Over half (54%) of Singaporean workers think it is likely that their role will be made obsolete or be significantly changed by automation over the next 10 years. Amongst the 11 countries surveyed, French workers are the most nervous or scared about the future impact of technology on their jobs (20%) followed by Singaporeans (18%) and British (18%)
PwC doesn’t come to fix the plumbing but instead to transform a client.
PwC announced that it was cited as a Leader in The Forrester Wave™: AI Consultancies, Q3 2019.
On firms that provide Artificial Intelligence (AI) consulting services, Forrester notes that “offering, breadth of support, and innovation are key differentiators.”
The report states that: “PwC doesn’t see a technology prob
PwC marries AI skills with industry expertise and leverages tax and audit skills.
PwC announced that it was cited as a Strong Performer in The Forrester Wave™: AI Consultancies in Asia Pacific, Q3 2019
Forrester notes that “data science/analytics, data engineering, and business expertise are key differentiators.”
The report states that: “PwC marries AI skills with industry expertise and
● Singapore ranks 14th globally for idea intensity (543 patents granted per million population) in 2017, up from 16th place in 2010 (359 granted per million population) ● South Korea ranks highest in world for idea intensity according to new analysis by PwC ● Analysis demonstrates clear relationship between public and private investment in research & development (R&D) and idea intensity
PwC named Best in Class for Client Capability Development
• Singapore was seen as having the second most BRI opportunities at 57%, just behind Vietnam at 66% and tied with Indonesia also at 57%. • Political risk emerged the top risk organisations see in getting involved with BRI projects (75%). • Smart cities & urban development was cited as the top sector for opportunities at 43%.
• Partnership with PwC Singapore’s Venture Hub will equip DiMuto with the expertise to scale up its operations globally in a bigger way • Partnership will also see both parties build a trust framework, which aims to establish a set of principles to enhance safety and security of DiMuto’s Track & Trace blockchain solution in the food supply chain.
PwC named Best in Class for Operating System and Project Management
Date
16 July 2019
Contact
Natalie Choo
Mobile: +65 8722 7545
E-mail:
natalie.yl.choo@pwc.com
Brooke Hamilton
Mobile: +44 7909 525099
E-mail:
brooke.hamilton@tanium.com
Singapore, 16 July 2019 – Today, PwC and Tanium announce a strategic partnership in Singapore that will bring together PwC’s deep expertise
BXT philosophy brings the Business, eXperience, and Technology perspectives together concurrently to help build enterprise agility, drive better business outcomes, and reduce risk of failure from sequential hand-offs
The partners’ diversity and vast international experience will help companies navigate today’s global business landscape.
