Offering Personalized Services to SMEs

The SME consulting market in Asia is growing and becoming more competitive. According to a report by Grand View Research, the Asia Pacific consulting market is expected to reach $72.3 billion by 2025, with small and medium-sized enterprises (SMEs) being a significant driver of growth. The consulting services for SMEs in Asia include areas such as market research, marketing and branding, human resources, finance, and accounting. The consulting firms in the region are focusing on offering personalized services to SMEs, which can aid them in achieving their business objectives. If we look at the technology adoption, blockchain technology has provided new opportunities for SME consulting firms in Asia. For instance, blockchain can significantly help SMEs in streamlining their supply chain or financial management processes, and consulting firms can offer their expertise to help their clients adopt this technology.

Additionally, the rise of digital transformation has boosted the demand for consulting services in Asia. SMEs are now recognizing the importance of digitalization and are seeking expert advice to help them transition to digital platforms. Witnessing this change unfold, we have covered this segment exclusively in this special issue. The cover story of this issue features Real Inbound Consulting (RIC) which is a management consulting firm based in Singapore that assists organizations in commercializing breakthrough technologies, expanding overseas, digitizing operations, and automating manufacturing lines. RIC also assists its clients in obtaining funding for the aforementioned programs and projects, be it through government grants, commercial loans, or equity investments.

Keeping abreast of the latest developments in this market, Asia Business Outlook has shortlisted the top 10 companies that have proved their excellence through innovative approach. In a bid to fulfill the customer expectations and contribute to the market’s evolution with their result-oriented persistence, these companies are raising the bar of consulting in this field.

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