February 24, 2024

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Enhanced SETUP 4.0 to Support Local MSMEs and Businesses

Given the rapid emergence of Industry 4.0 and the crippling impacts of the pandemic, the government has expanded services of its programme aiding micro, small, and medium enterprises (MSMEs) to improve competitiveness based on their level of development.

Secretary of the Department of Science and Technology (DOST) Fortunato de la Pena remarked that the department’s interventions under the Small Enterprise Technology Upgrading Programme (SETUP) 4.0 will now benefit more than just individual businesses. “We will also be providing industry-level interventions, making sure that each industry under our priority sectors is following a set roadmap that is directed towards transitioning to the Fourth Industrial Revolution,” he said during the recent DOST-National Capital Region SETUP e-caravan.

MSMEs will be classified based on their level of development, according to De la Pena, and the DOST will provide assistance based on their categorisation. “The more advanced MSMEs will be brought into Industry 4.0, while the rest will be assisted so that they are ready to shift in the near future,” he added.

Enterprise-level initiatives under SETUP 4.0, according to DOST-VI Regional Director Engr. Rowen Gelonga, include offering access to new technologies and innovations, supplying technical, digital, and other vital assistance, and assuring enterprise resilience and continuance. “Our one special focus at the SETUP 4.0 is that irrespective of the level of development of your company, we will try to come up with digitalisation or digitisation as well as digitalisation support. And of course, we are giving special emphasis also in terms of resiliency and continuity and we know how important this is during times not only of a pandemic but in times of hazards and other calamities.”

He also stated that the government will provide help based on the stage of the MSMEs, which include developing (stage 1), growing (stage 2), and expanding and inventing (stage 3). “However, we also have businesses, particularly in the more developed regions and parts of the country, that can be deemed expanding and inventing.” We’ll focus on them so that they may progress up the value chain by implementing higher-level technology.”

On the other hand, industry-level policies include transitioning MSMEs toward supporting a sustainable economy, enhancing market competence and supply chain participation, upskilling human capital, and providing critical innovative infrastructure to boost industrial development.

The SETUP 4.0 initiative involves a re-calibration of the country’s focused sectors’ prioritisation. The health and wellness industry is one of the sectors to which the government is now paying close attention due to the Covid-19 pandemic.

Specialised centres, strategic road mapping initiatives, and other industry-level science, technology, and innovation assistance, according to Gelonga, will enable the government to develop a highly vibrant industry in which MSMEs may thrive. He stated the department will adopt SETUP 4.0 between 2021 and 2030, keeping the perspective of SETUP 2.0 but adding “new realities on the ground,” such as the pandemic and Industry 4.0.

In a short period of time, the Covid-19 pandemic has drastically altered the planet. The pandemic has had a substantial influence on business and industry in a variety of ways, including changes in consumer buying preferences, reduced mobility, changes in manufacturing operations, disruption of supply networks, and a significant contraction of the economy, to name a few.

OpenGov Asia reported, the DOST incorporated a moratorium on SETUP refund payments for five months in 2020 and six months this year as part of its contingency plan to soften the blow to its co-operators. DOST is now focused on reintroducing its SETUP programme as SETUP 4.0, which will include industries from the Department’s priority sectors. SETUP 4.0 will not only assist MSMEs in surviving the pandemic’s challenges but will also prepare them and their respective industries for the Industrial Revolution 4.0, which will be characterised by the widespread use of emerging technologies such as automation, Internet of Things, 3D printing, robotics, and artificial intelligence, among others.

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Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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