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Nova MSC Collaborates with AMO and RHAZES to Bring its AI Deep Learning Technology, SELENA+ to Mainstream Adoption

  • Nova MSC signs MoU with AMO and RHAZES that will enable the deployment of its EyRIS’ AI-Deep Learning Technology, SELENA+ to more than 1,000 AMO members via RHAZES Telehealth service
  • SELENA+ is capable of detecting up to 3 retinal diseases, principally diabetic retinopathy, glaucoma suspect and age-related macular degeneration
  • EyRIS SELENA+ will also become a gamechanger in first stage diagnostic with the addition of a new algorithm to detect chronic kidney disease (CKD)
  • EyRIS has inked a Research Collaboration Agreement with a specialty centre under the National Healthcare Group (NHG) to develop a new proprietary AI that detects melanoma using a mobile phone camera

KUALA LUMPUR, MALAYSIA – Media OutReach – 21 February 2022 – Nova MSC Berhad (“Nova MSC” or “the Company”), which is the exclusive distributor of EyRIS Pte Ltd’s (“EyRIS”) products, has signed a Memorandum of Understanding (“MoU”) with the Association of Malaysian Optometrists (“AMO”) and Rhazes Consultancy Services Sdn Bhd (“RHAZES”), a tele-pharmacy platform provider, to bring its AI Deep Learning Technology, SELENA+ to mainstream adoption in Malaysia. 

  

Under the collaboration, EyRIS’ AI deep learning technology, SELENA+, will be deployed to AMO’s more than 1,000 members across Malaysia via RHAZES Telehealth. RHAZES Telehealth is Malaysia’s first knowledge-based telehealth service provider through its brand Rhazes TeleOpto.

EyRIS is 42% owned by novaHEALTH Pte Ltd, which in turn is wholly-owned by Nova MSC.

Nova MSC’s General Manager, Mr Nazerollnizam Kasim, said, “We are optimistic that the collaboration with both AMO and RHAZES will drive forward the adoption of SELENA+ in Malaysia. During the pandemic, we have seen a rise in telehealth and how it has gradually moved towards mainstream adoption.”

According to En. Ahmad Fadhullah Fuzai, President of AMO, “The deployment of SELENA+ to AMO’s member practices across the country will help to improve the range and quality of our services. This synergistic partnership with Nova will see the launch of SELENA+, and it will be deployed initially in 55 practices across Malaysia through Rhazes’ TeleOpto Platform, eventually expanding to the other member practices within a year.”

SELENA+ is capable of detecting up to 3 retinal diseases, principally diabetic retinopathy, glaucoma suspect and age-related macular degeneration. Early screening and detection of these diseases can significantly reduce vision loss, and in the case of diabetic retinopathy, studies have shown that diabetes-related vision loss can be reduced by up to 47 percent. EyRIS’ SELENA+ has been approved for use by the Malaysian Medical Device Authority since 22nd June 2020.

Aside from that, there will also be an addition of a new algorithm to detect chronic kidney disease (“CKD”) through the same fundus image used by EyRIS’ SELENA+ to detect the 3 retinal diseases mentioned earlier.

Nova MSC’s Group Chief Executive Officer, Mr Lai Teik Kin added, “The addition of this new algorithm will help us to be a gamechanger in the first stage diagnostic, a drive towards being able to implement rapid screening tools to aid early detection for systemic diseases. Our CKD algorithm boasts an 85 percent accuracy rate, and uses of the non-invasive fundus imaging allows results to be generated within 10-15 seconds with ease, speed and accuracy,” Mr Lai said.

He also pointed out that the recent gold award won by EyRIS at the Techblazer Awards 2021 in the Most Promising Innovation category is a sign of the Group’s push to bring world-class technology into the world. The Techblazer Awards is Singapore’s highest accolade for technological innovation.

The push to deploy SELENA+ into mainstream adoption in healthcare services has seen the availability of its technology in 26 countries.

In order to continue to expand the capabilities in disease detection through its cutting-edge AI deep learning technology, EyRIS has inked a Research Collaboration Agreement with a specialty centre under the National Healthcare Group (NHG) to develop a new proprietary AI that detects melanoma using a mobile phone camera. This was facilitated by NHG’s Centre for Medical Technologies and Innovations (CMTi).

Melanoma is the deadliest form of skin cancer, and early detection is able to increase the 5-year survival rate to 99 percent. With 1 in every 3 cancer diagnoses being skin cancer and the high melanoma incidence rate of 3.4 per 100,000 worldwide, the ability to detect skin cancer early through non-invasive, mobile imaging will contribute to the fight against skin cancer mortality.

We are Nova MSC Berhad

Established in 2002, Nova MSC Bhd is a Bursa Malaysia ACE Market-listed company, which is involved in four main business pillars namely, healthcare, Digital Government, building automation and virtual construction. We are a leading provider of ready-to-deploy, industry-focused application software and services for both the public and healthcare sectors, with an international track-record. Our products are developed based on our technical knowledge and in-depth understanding of industry demands and the clients’ requirements, thereby bringing improved productivity to our customers.

For more info, visit: http://www.nova-hub.com/

#NovaMSC

About SELENA+

Early screening is highly effective in helping to prevent blindness from a range of eye diseases. SELENA+ is an intelligent deep learning system that can detect eye diseases: this system was jointly invented by researchers at NUS School of Computing (NUS-SoC) and the Singapore Eye Research Institute (SERI) to perform automated image analysis of retinal images. The analysis results will be used to provide early detection of eye diseases, including diabetic retinopathy (DR), glaucoma and age-related macular degeneration (AMD).

The issuer is solely responsible for the content of this announcement.

SonicWall Threat Intelligence Confirms Alarming Surge in Ransomware, Malicious Cyberattacks as Threats Double in 2021

  • Over 623 million ransomware attacks globally, an astounding 105% increase
  • Ransomware volume increased 232% since 2019
  • U.S., U.K. ransomware climbed staggering 98% and 227%, respectively
  • Asia saw a 121.682% increase in ransomware attack YoY
  • India saw an increase of 981% of ransomware attacks in 2021, while Japan saw a 63.55% increase of Malware attacks compared to 2021
  • Log4j vulnerability exploits eclipsed 142 million in six weeks
  • 65% increase in ‘never-before-seen’ malware variants identified
  • Encrypted threats increased 167% year-over-year
  • Record 97.1 million cryptojacking attacks found 

SINGAPORE – Media OutReach – 21 February 2022 – SonicWall, the publisher of the world’s most quoted ransomware threat intelligence, today released the 2022 SonicWall Cyber Threat Report. The bi-annual report details a sustained meteoric rise in ransomware with 623.3 million attacks globally. Nearly all monitored threats, cyberattacks and malicious digital assaults rose in 2021 including: ransomware, encrypted threats, IoT malware and cryptojacking.

 

“Cyberattacks become more attractive and potentially more disastrous as dependence on information technology increases,” said SonicWall President and CEO Bill Conner. “Securing information in a boundless world is a near impossible and thankless job, especially as the boundaries of organizations are ever-expanding to limitless endpoints and networks.”

 

Ransomware’s Savage Reign Continues as Attacks Increase 105%

 

SonicWall Capture Labs threat researchers diligently tracked the dramatic rise in ransomware, recording an astounding 318.6 million more ransomware attacks than 2020, a 105% increase. Ransomware volume has risen 232% since 2019.

 

High-profile ransomware attacks impacted businesses, state and federal governments, schools, hospitals and even individuals. Attacks hit supply chains, causing widespread system downtime, economic loss and reputational damage. Following global trends, all industries faced large increases of ransomware volume, including government (+1,885%), healthcare (755%), education (152%) and retail (21%).

Ransomware has developed into a massive and systemic threat that is forecasted to get worse. Across the globe, U.S. and U.K. climbed a staggering 98% and 227% respectively. In Asia, ransomware attacks also leapt in 2021 with a 121.682% increase YoY, with India and Japan also saw alarming rises of 981% and 63.55% respectively, in IoT malware volume.

 

Debasish Mukherjee, Vice President, Regional Sales-APAC at SonicWall adds, “With threats of almost every type on the rise, is it imperative that we have strategies and resilience systems in place to respond almost instantaneously. Especially in Asia Pacific where many have been the target of these malicious attacks in a new paradigm for cybercrime, all the more our findings in the 2022 SonicWall Cyber Threat Report will help us to find the right security measures to protect our greatest assets and be a step ahead to prevent unwanted and damaging attacks.”

 

As Cyberattack Vectors Expand, Malicious Assaults Climb

 

The frequency and variety of cyberattacks continue to expand every year, with an increasing cost to organizations worldwide. SMBs and enterprises are progressively threatened by an assortment of cyberattacks, and without knowing what they are, or how cybercriminals operate, protecting business-critical data from cyberattacks becomes unmanageable.

 

“Attacks on networks rose to a fever pitch in 2021,” said SonicWall Vice President of Platform Architecture Dmitriy Ayrapetov. “Ransomware, cryptojacking, vulnerably exploitation, phishing and other attacks continue to plague organizations around the world and overwhelm security teams. It’s important to understand the breakdown of these attacks and why they continue to be successful, as well as the drivers and trends behind them.”

Insight on additional cyber threats include:

  • Apache Log4j vulnerabilities were quickly exploited, with threat actors logging 142.2 million exploit attempts between Dec. 11 and Jan. 31 — an average of 2.7 million each day. Within three days of the public disclosure, exploit attempts had already passed the 1 million mark.
  • Malware volume was slightly down again in 2021, marking both a third-straight year of decrease as well as a seven-year low. However, an uptick in attacks during the second half of 2021 almost completely erased the 22% drop in malware that SonicWall had recorded at the mid-year point, bringing the total decrease for 2021 to just 4% — suggesting malware numbers may rebound in 2022.
  • Encrypted threats increased 167% year-over-year. In August, the number of encrypted attacks broke the 1 million mark for the first time, then continued to rise, reaching nearly 2.5 million by year’s end.
  • Cryptojacking continued to surge last year, rising 19% globally to 97.1 million, which is the most attacks that SonicWall Capture Labs threat researchers have ever recorded in a single year.
  • IoT malware volume rose 6% in 2021, totaling 60.1 million hits by year’s end. While this isn’t good news, it’s at least better than it has been: In 2019 and 2020, IoT malware volume rose 218% and 66%, respectively. With no corresponding slowdown in the proliferation of connected devices, this suggests that attack volumes may be leveling off.


Smarter Than Ever, RTDMI Discovered 65% More ‘Never-before-seen’ Malware Variants

 

SonicWall’s patented Real-Time Deep Memory InspectionTM (RTDMI) technology identified a total of 442,151 never-before-seen malware variants in 2021, a 65% year-over-year increase and an average of 1,211 per day. In Q4, RTDMI found more never-before-seen malware variants than in any quarter since its introduction in 2018.

 

SonicWall Advanced Threat Protection (ATP) with RTDMI recently earned its fourth consecutive ‘perfect score’ in the ICSA Labs ATD testing for Q4 2021. ICSA Labs is an independent third party that tested SonicWall’s solutions using never-before-seen malware samples, and over the course of the entire year (2021) SonicWall technology did not miss a single malware sample nor produced one false positive.

 

To learn more about SonicWall and get the complete 2022 SonicWall Cyber Threat Report, please visit sonicwall.com/ThreatReport.

About SonicWall

SonicWall delivers Boundless Cybersecurity for the hyper-distributed era in a work reality where everyone is remote, mobile and unsecure. SonicWall safeguards organizations mobilizing for their new business normal with seamless protection that stops the most evasive cyberattacks across boundless exposure points and increasingly remote, mobile and cloud-enabled workforces. By knowing the unknown, providing real-time visibility and enabling breakthrough economics, SonicWall closes the cybersecurity business gap for enterprises, governments and SMBs worldwide. For more information, visit www.sonicwall.com or follow us on Twitter, LinkedIn, Facebook and Instagram.

#SonicWall

Vang Vieng Experiences Unseasonal Flooding

Unseasonal flooding in Vang Vieng

Residents and visitors in the tourist town of Vang Vieng were taken by surprise as torrential rains across Laos caused unexpected floods.

Sun Life Asia Invites You to Start a Lifetime Wellness Journey at the 2022 Open Day

Over 8,200 participants joined the first Asia OneSunLife Open Day in 2021. More wellness advices, insurance industry insights and career opportunities will be presented this year.

HONG KONG SAR – Media OutReach – 21 February 2022 – Sun Life today announced that enrollment has started for the Asia OneSunLife Open Day 2022, which will be held virtually on March 19. The theme this year is “Wellness is a lifestyle. Live Brighter!” The Asia OneSunLife Open Day aims to encourage people to achieve wellness in all aspects of life and help participants live healthier and brighter lives. At the same time, the Open Day will provide industry insight and advice for people interested in exploring career opportunities in the insurance industry. At the event, Sun Life will share its inspirations and values, and how it supports and equips advisors as they build their careers.

 

To inspire and encourage participants to embrace wellness holistically, the event will feature award-winning speaker Yujin Wong, who will share his experience of burn-out while working in law and investment banking to becoming an international speaker and agent of positive change, illustrating the importance of physical, mental and financial health and well-being and how one can build a career helping other to do the same.

 

“Physical, mental and financial wellness is more important than ever since the outbreak of pandemic. We are very excited to have well-known motivational speaker Yujin Wong joining the Open Day this year. I am confident his story will inspire many who desire to strive for excellence in their careers and personal lives,” said Carene Chai, Chief Distribution Officer, Sun Life Asia. “After the success of the Open Day in 2021, we plan to expand the scope to provide more in-depth industry insight and explain our training support to help those considering a career as a financial advisor.”

 

The global pandemic has shown how important it is to protect people’s health and wealth. Insurance has played an important role in protecting people’s well-being in the past two years. Sun Life advisors have helped increase people’s awareness of the importance of gaining better financial protection, helped them make decisions to look after the health of themselves and their families and create long-term, holistic plans to give them peace of mind for the future. Sun Life always encourages people to explore career opportunities with the company so that they can help themselves and others enjoy brighter lives. 

 

At the Open Day event, Sun Life executives will discuss the latest industry developments and career opportunities at the company. Sun Life is offering an exciting career path for people, especially the younger generation, who are looking for rewarding and fulfilling careers with more freedom and independence.

 

In addition, Sun Life has established a holistic and comprehensive talent development program, the Brighter Academy, to help train and grow advisors. The Academy provides advisors with a wide range of training, diverse toolkits and professional support, equipping them with knowledge and skills so that they can better serve clients and society.

 

Asia OneSunLife Open Day 2022 is open to the public. Anyone interested can visit below links for registration.

Sun Life Philippines: https://www.sunlife.com.ph/en/about-us/become-an-advisor/asia-onesunlife-open-day-2022/

Sun Life Indonesia: https://www.sunlife.co.id/id/about-us/careers/brighter-academy/asia-onesunlife-open-day-2022/

Sun Life Hong Kong: https://www.sunlife.com.hk/zh-hant/about-us/become-an-advisor-video/asia-onesunlife-open-day-2022/

Sun Life Grepa Financial: https://www.sunlifegrepa.com/home/about-us/careers/asia-one-sun-life-open-day-2022/

About Sun Life

Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2021, Sun Life had total assets under management of $1,304 billion. For more information please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. Note to editors: All figures in Canadian dollars.

#SunLife

The issuer is solely responsible for the content of this announcement.

Laos-China Railway to Launch Conventional Train Service

Laos-China Railway to launch conventional train service
The conventional train can accommodate over 1,000 passengers.

The Laos-China Railway Company is to operate a conventional train service from next month in order to accommodate a growing number of passengers.

Scentopia, A New Attraction About Singapore’s Floral Heritage

SINGAPORE – Media OutReach – 21 February 2022 – Explore the vast and complex world of scents and fragrances at Sentosa’s latest attraction, Scentopia. In conjunction with the celebration of Singapore’s floral heritage, guests can at the newest attraction learn about Singapore’s floral heritage through interactive exhibits, workshops, and guided tours.

Scentopia aims to educate guests on the journey of Singapore floral heritage from a port to a nation for botanical exploration through fun and interactive activities. There will be four free interactive tours throughout the day, each lasting about 15 minutes. The exhibition which the tour will run through, promises a combination of more than 300 Augmented Reality (AR) enabled artwork. There will also be a state-of-the-art digitised contactless perfumery where guests can craft perfumes unique to their personality. Guests can then bring home their unique perfume. Guests will be pleased to know that there will be a 50-80% discount for the perfumery at selected sales channels when Scentopia becomes available to the public.

 

Scentopia, in partnership with Perfume Workshop aims to educate guests in the exploration of plants that have been an essential part of Singapore culture, rituals, food, and celebration. Besides the available exhibitions and the opportunity to design your own perfume, they have extended their services and activities to team building activities that cover a range of educating topics such as 200 years of Singapura, Raffles Floral Heritage, and Can you Singlish. The whole theme behind the attraction is personalisation. With the interactive perfumery section, Scentopia wants to use that to change the dull perspective of perfumery to an experience that is magical and whimsical.

 

Scentopia is an attraction that guests can organise not only for their family or school, but also for their company and bridal shower. Located along Siloso Beach, Scentopia is currently open only to NTUC and Sentosa Island cardholders. Card holders of either one may choose to book for a slot to preview the attraction for themselves and five other guests.

 

For more information about the attraction, visit https://www.scentopia-singapore.com/.

 

#Scentopia

SG Printz Announces Plans To Launch A Series Of New Products

SINGAPORE – Media OutReach – 21 February 2022 – SG Printz, an established online-based printing company in Singapore, has announced its plans to launch a series of new products – building on another addition to its current range of product offerings. While the launch is still in the works, clients can look forward to a variety of new products that will soon be available to customise and print.

SG Printz has plans to launch these new products in hopes to expand its scope of services for its numerous corporate clients and increase sales. Among the new product lineup are custom standing pouch packaging, polyvinyl chloride (PVC) cards, and more. In addition, this new product range of printed materials further depicts SG Printz’s commitment to providing the best value to its corporate clients for their marketing needs.

As SG Printz operates online, the rates for the new products will be deemed competitive. Furthermore, it is an added convenience for customers to place an order online as they are not required to head down to a physical location. Although online-based, SG Printz aims for prompt communication to ensure all printing needs are well taken care of – clients can expect SG Printz to be responsive to any query.

SG Printz is a leading printing company providing online printing services for businesses across Singapore for all their marketing and operating needs. It currently specialises in printing stickers, flyers, NCR booklets, l shape folders, business cards, and non-woven bags. These products come in various sizes, colours, and quantities with an aim to ensure clients’ specific needs are met. A printing provider for services like invoice printing and customised sticker printing in Singapore, SG Printz strives to provide affordable printing services, especially for newly established businesses.

For more information on SG Printz and its range of products, please visit https://sgprintz.com/.

 

#SGPrintz

The issuer is solely responsible for the content of this announcement.

Blue Prism survey reveals untapped opportunities of RPA adoption rates in financial services industry across APAC

SINGAPORE – Media OutReach – 21 February 2022 – Blue Prism® (AIM: PRSM), a global leader in intelligent automation, today released findings from its survey report titled “RPA In The APAC Financial Services Sector.” While there is growing momentum in automation efforts by organisations across Asia Pacific (APAC), the report reveals significant disparity of robotic process automation (RPA)[1] adoption within Asia Pacific’s financial services industry. While Australia leads the way with 78 percent of organisations currently using RPA solutions and technologies, India is second with 49 percent, followed by Hong Kong (47 percent), Malaysia (44 percent) and Singapore (28 percent).

With only 34 percent in Singapore and 50 percent in Malaysia of respondents indicating familiarity with RPA, there is potential for better comprehension and perception around this technology. This is in comparison to 85 percent in Australia, 82 percent in Hong Kong and 75 percent in India.

Robert Dewar, Vice President, Financial Services, APAC, Blue Prism, said: “While RPA adoption across global industries grew at tremendous speed, this report revealed the disparity of RPA adoption within the APAC financial services industry, indicating a long roadmap before the region reaches RPA and Intelligent Automation maturity. Presently, the use of RPA adoption remains largely a tool to improve efficiency and cut costs, rather than a catalyst to accelerate digital transformation. As markets look to scale up enterprise RPA and Intelligent Automation deployments, our aim is to empower companies to fulfil their vision for strategic business automation and achieve faster, better organisational outcomes.”

Almost all of the organisations (95 percent) surveyed felt that the adoption of RPA has improved overall business operations, which includes error and cost reduction (7 percent each), empowering the workforce to concentrate on higher value tasks (24 percent) and increasing efficiencies and speed within the organisation (61 percent).

The report also revealed that across Australia, India, Singapore and Malaysia, the top two areas that companies leverage RPA are the finance and IT departments. This differs slightly in Hong Kong, where the top two areas are finance (79 percent) and customer service (71 percent) departments. Within the next two to three years, companies in Australia and India expect to continue leveraging RPA the most in the finance and IT departments, while Hong Kong companies expect the same in the finance and customer service departments. In Malaysia, besides the finance department (61 percent), companies are prioritising RPA programmes in sales and marketing (73 percent) in the next two to three years. Interestingly, the finance department was not included in the top three areas that Singapore companies will be leveraging RPA in the near term, with companies ranking IT departments (61 percent) as the top priority for RPA adoption, followed by sales and marketing (54 percent) and customer service (50 percent).

Other key findings for each respective market are as follows:

Australia Key Findings

  • 99 percent of organisations believed that RPA has improved overall business operations, including cost and time savings (88 percent) and increased accuracy and quality of output (76 percent).
  • Organisations ranked top considerations when drawing RPA budgets to implementation costs (77 percent) as the most important factor, followed by maintenance costs (70 percent) and ancillary costs (67 percent)
  • Of the organisations that are not currently using RPA solutions and technologies (22 percent), 8 percent are planning to implement such technologies within the next six months, and 4 percent are planning to do so within the next year
  • Almost nine in 10 (89 percent) organisations said that the future growth of RPA is promising

Hong Kong Key Findings

  • 96 percent of organisations felt that RPA has improved overall business operations, with significant benefits in cost and time savings (69 percent) as well as increased accuracy and quality of output (69 percent).
  • In terms of factors that organisations consider when drawing up an RPA budget, most organisations ranked implementation costs (65 percent) as the most important factor, followed by ancillary costs (60 percent) and maintenance costs (59 percent)
  • 52 percent of organisations are not currently using RPA solutions and technologies; 31 percent are planning to implement such technologies within the next six months, and 8 percent are planning to do so within the next year
  • 85 percent of organisations said that the future growth of RPA is promising

India Key Findings

  • 95 percent of organisations felt that RPA has improved overall business operationscost and time savings (83 percent) as the most significant benefit associated with RPA adoption, and RPA as a catalyst for driving digital transformation (76 percent)
  • In terms of factors that organisations consider when drawing up an RPA budget, most organisations ranked implementation costs (75 percent) as the most important factor, followed by maintenance costs (62 percent) and ancillary costs (44 percent)
  • Of the organisations that are not currently using RPA solutions and technologies (50 percent), 27 percent are planning to implement such technologies within the next six months, and 11 percent are planning to do so within the next year
  • More than nine in 10 (93 percent) organisations said that the future growth of RPA is promising

Singapore Key Findings

  • Among the five markets, Singapore holds the highest percentage of financial institutions (19 percent) that do not use any of the five disruptive technologies (artificial intelligence, business process management, machine learning, deep learning and predictive analytics)
  • Almost eight in 10 (79 percent) organisations felt that RPA has improved overall business operations, with a reduction in manpower or burden of administrative personnel (68 percent) as the most significant benefit, and RPA as a catalyst for driving digital transformation (68 percent)
  • In terms of factors that organisations consider when drawing up an RPA budget, most organisations ranked maintenance costs (88 percent) as the most important factor, followed by implementation costs (59 percent) and ancillary costs (59 percent)
  • Of the organisations that implemented RPA solutions and technologies during the pandemic, most ranked the increased cost and time savings (75 percent) as well as the reduction in manpower or burden of administrative personnel (75 percent) as the most important factors
  • 71 percent of organisations said that the future growth of RPA is promising

Malaysia Key Findings

  • 93 percent of organisations felt that RPA has improved overall business operations, with increasing efficiencies and speed within the organisation as the most main driver of RPA adoption (86 percent), followed by allowing workers to concentrate on higher value tasks (70 percent) and reducing errors (68 percent)
  • In terms of factors that organisations consider when drawing up an RPA budget, most organisations ranked implementation costs (69 percent) as the most important factor, followed by maintenance costs (62 percent), ancillary costs (49 percent) and business process value (49 percent)
  • Within the next two to three years, 41 percent of organisations expect to invest approximately up to 50 percent of their total automation budget in RPA, and 36 percent organisations expect to invest approximately up to 75 percent of their total automation budget in RPA
  • Of the 56 percent of organisations that are not currently using RPA solutions and technologies, 13 percent are planning to implement such technologies within the next six months, and 16 percent are planning to do so within the next year
  • More than eight in 10 (84 percent) organisations said that the future growth of RPA is promising

To access the full APAC report findings and insights, please click here.


[1]RPA In The APAC Financial Services Sector focuses on RPA, depicting a general understanding of the traditional RPA landscape. Blue Prism’s technology is incorporated in an intelligent automation platform, built on the strengths of RPA with artificial intelligence and machine learning capabilities for organisations to future-proof their digital transformation strategies. Intelligent automation includes competence in knowledge and insight, visual perception, learning, problem solving, collaboration as well as planning and sequencing, which makes traditional RPA even smarter, enhancing what the software robots can achieve for the workforce.

About the report:

The research was commissioned by Blue Prism. Respondents include 802 global business leaders in Australia (200), Hong Kong (201), India (201), Malaysia (100) and Singapore (100). All respondents have worked in financial services for 10 years or more and are in companies with more than 10 employees. All interviews were conducted online from September to October 2021.

Notes to editors:
Blue Prism is a global leader in enterprise robotic process automation (RPA) and intelligent automation, transforming the way work is done. We have over 2,000 customers in over 170 countries and 70 industry verticals, 30 percent in the Forbes Global 2,000, creating value with new ways of working by unlocking efficiencies and returning millions of hours of work back into their businesses. Our enterprise digital robots offer high-scale automation that is secure, smart, accessible to all, enabling centrally managed human and digital workforces of the future and freeing up humans to re-imagine work. To learn more visit www.blueprism.com and follow us on Twitter @blue_prism and on LinkedIn.

© 2022 Blue Prism Limited. “Blue Prism”, the “Blue Prism” logo and Prism device are either trademarks or registered trademarks of Blue Prism Limited and its affiliates. All Rights Reserved.

#BluePrism

The issuer is solely responsible for the content of this announcement.