2,000 S’pore firms to get expertise, funding to harness Al in ops

A total of 2,000 local firms that have already developed some digital capabilities will further profit from a government initiative that will equip them with expertise and provide funding so they can harness artificial intelligence (Al) in their operations.

- Sarah Koh

The Digital Leaders Programme (DLP) was launched in 2021 by the Infocomm Media Development Authority (IMDA), and more than 600 companies have already benefited from it.

Under the DLP, the firms build digital capabilities to develop new business models and capture new growth opportunities.

Participating companies can now expect to leverage the expertise of tech giants and industry experts, and receive funding support to hire in-house digital teams that will help them make use of Al in their business, IMDA said on Sept 19.

The authority said it provides up to 50 per cent of the funding for recruitment and implementation of AI projects by these firms, which should have already started building internal digital capabilities.

Under the programme, they will also be guided to identify high-impact business opportunities, experiment with ready-to-use digital tools, and embark on short-term digital trials before deciding on full-scale deployment.