Cloud computing has changed the way businesses operate today. Internet of things are changing the business dynamism. small and Medium enterprises are no where back in the league. These industries are also, largely migrating to Cloud Computing, as it allows small businesses to create a plan for growth that utilizes the benefits of the Cloud without a significant up-front investment.
Sme’s forms the growth engine of the economy. APEC has been taking strong initiatives in the form of finance, inclusive growth programes and other critical issues pertaining to growth of SME’s and support their business ecosystem to help them build their capacity to engage in the international trade. The above initiative is also,one of a kind to support It infrastructure and development in the Sme sector focused towards promoting innovations and productivity.
Project Location: China
Project End: 30th Nov 2017
Project Phase: Execution
Project Value: $250,000.00
As Cloud computing eliminates the barriers on one-time equipment purchasing as well as the cost on IT maintenance and personnel control for startups. It also enables internet companies stop worrying about the IT support and the operation requirement of user peak value within cross-border business. In addition, the Cloud computing allows manufacturing, retailing and service companies no longer anxious about the stability, safety and sustainability of working systems.
The Initiative aims to focus on popularizing Cloud Computing knowledge, strengthening the Cloud Computing utilization capacity and collecting the practical cases on Cloud Computing application of SMEs.
This project sticks to Nanjing Declaration on Promoting SME Innovative Development which mandates policy support for electronic commerce platform development and the application of big data and open data to facilitate SME expansion and cross-border trade. The Declaration furthermore proposes the SMEs to share experiences on utilization of intelligent terminal, cloud services, Software as a service and outsourcing services.
With the intention of implementation, the Internet Society of China (ISC) initiated the APEC Smes Clouds Innovation and Entrepreneurship forum and business matches, which positively sponsored by Tsinghua University, Microsoft, Digiwin Software and 258 Group.
The initiative meeting was held in Beijing in November 2016, the interim forum and business match will be held in Beijing in June 2017 and the finals will be held in Beijing in November 2017.
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