Latest news with #Info-Tech
Straits Times
12 hours ago
- Business
- Straits Times
Singapore software services firm Info-Tech Systems gears up for IPO on SGX mainboard
Info-Tech Systems is planning to raise funds for further product development and expansion into new markets. ST PHOTO: BRIAN TEO SINGAPORE – Local firm Info-Tech Systems has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) for a listing on the mainboard of the Singapore Exchange (SGX), making it the second company to potentially list here in 2025. The software services provider is planning to raise funds for further product development and expansion into new markets like Hong Kong and India. It also plans to hire more engineers and other executives. Its cloud-based human resources and accounting software and digital payroll solutions are now used by over 23,000 organisations and more than 850,000 active users across Singapore, Malaysia, Hong Kong, and India, according to the firm's prospectus. Info-Tech Systems' initial public offering (IPO) will comprise new shares issued by the company, alongside an offering of vendor shares by its executive chairman Peter Lee Kim Heng and executive director Yeoh Sin Yee. Mr Lee, who co-founded the company, will remain a key shareholder post-listing. Vendor shares allow existing shareholders to cash out part of their holdings. While pricing and final share allocation details have not been disclosed, the IPO has secured several cornerstone investors who have committed to buying 41.1 million shares. They include institutional names such as Avanda Investment Management, Dymon Asia, Lion Global Investors, Nikko Asset Management, and Maybank Asset Management. For the year ended Dec 31, 2024, Info-Tech cited top-line growth of around 15 per cent year on year to $43.7 million, thanks to a jump in revenue of its cloud accounting software. Net profit for the period grew 17.6 per cent, to $12.3 million. Info-Tech's business growth depends on its ability to attract new customers, while retaining and expanding recurring subscription revenues from its existing client base. In 2024, the company reported a high customer retention rate of 91 per cent for the year, and noted that the majority of its clients are small and medium-sized enterprises (SMEs). It added that SMEs tend to be more agile in adopting new technologies, and are expected to drive continued demand for cloud-based workforce management, compliance, and payroll automation software. If its IPO is successful, Info-Tech could be the second company to list on the SGX and the first to do so on the mainboard in 2025. In April, auto-group Vin's Holdings went public on Catalist, while another company, candy maker YLF Group Marketing, halted its plans to list less than three weeks after it lodged its prospectus. Join ST's Telegram channel and get the latest breaking news delivered to you.
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Outdated Inventory Systems Are Costing Retailers: Info-Tech Research Group Publishes Insights on How AI Can Make a Difference
Global research and advisory firm Info-Tech Research Group has published new research insights to help retailers leverage AI effectively amidst evolving supply chain and inventory management challenges. The firm's resource walks retail industry IT leaders through seven steps to develop AI strategies that optimize stock levels, streamline operations, and respond faster to market changes. TORONTO, June 20, 2025 /PRNewswire/ – Inventory has become one of retail's most expensive guessing games. As customer expectations evolve faster than supply chains can respond, retailers are often stuck choosing between empty shelves and excess stock, both of which erode margins. In response to these growing industry challenges for organizations and their IT teams, Info-Tech Research Group has published Build Your AI Strategy for Retail Inventory Management, a practical blueprint that helps retailers transition from outdated inventory methods to intelligent, data-driven operations. The global research and advisory firm's new resource outlines how industry IT leaders can apply AI to improve forecasting, optimize stock levels, and deliver measurable performance gains. Adoption Challenges Are Slowing AI Integration in Retail Inventory Systems Info-Tech reports in its recently published resource that despite the clear benefits of AI in transforming retail inventory management, many organizations face significant challenges in adoption. The firm's research insights highlight that aligning the business stakeholders to develop a cohesive AI strategy remains a common hurdle, especially when it involves addressing existing inventory limitations and identifying critical gaps. Additionally, realizing AI's full potential often requires mature data infrastructure and advanced system capabilities that not all retailers have in place. 'Inventory management applications that are AI-driven can deliver where traditional inventory management falls short,' says Donnafay MacDonald, research director at Info-Tech Research Group. 'By providing real-time insights backed by big data, these applications enable retailers to respond to market changes through predictive forecasts that reduce waste, improve operational efficiency, and enhance customer satisfaction.' Info-Tech Recommends a Seven-Step AI Implementation Framework for Retail IT Leaders To support IT and business leaders in overcoming these barriers, Info-Tech offers a clear, step-by-step framework featuring a practical use-case library. The blueprint outlines seven key steps to guide retail IT leaders in developing and executing an AI strategy tailored to their inventory needs. These include: Formulating an AI strategy aligned to business goals. Define how AI will drive key objectives such as boosting customer satisfaction, cutting costs, or increasing agility and set clear success metrics. Establishing responsible AI principles. Put ethical, privacy, and governance guardrails in place to ensure transparent, fair, and secure AI solutions. Launching targeted AI initiatives. Start with pilots such as demand forecasting or automated replenishment to prove value and build momentum. Building a use case library. Catalog specific applications such as dynamic pricing or shelf space optimization with defined benefits, data needs, and technical requirements. Evaluating value and feasibility. Estimate ROI, resource demands, and risks for each use case to spotlight quick wins and flag longer term projects. Prioritizing projects. Rank initiatives by impact, effort, and risk so teams invest where they will see the fastest, biggest returns. Mapping out an AI roadmap. Sequence pilots and rollouts with clear milestones for data readiness, model validation, and performance reviews. InfoTech advises that by addressing longstanding challenges in inventory management, retailers have an opportunity to adopt smarter, more resilient systems that reflect the realities of today's retail environment. With competitors already incorporating AI into their everyday operations, the pressure to evolve is intensifying for IT leaders. The firm's blueprint provides retailers with straightforward, actionable guidance to implement AI in a way that supports business goals without adding unnecessary complexity. Info-Tech explains that with the right tools and direction, retailers can improve product availability, streamline operations, and respond to demand shifts with greater confidence and control. For exclusive and timely commentary from Donnafay MacDonald, an expert in the retail sector, and access to the complete Build Your AI Strategy for Retail Inventory Management blueprint, please contact pr@ About Info-Tech Research GroupInfo-Tech Research Group is one of the world's leading research and advisory firms, serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact pr@ For information about Info-Tech Research Group or to access the latest research, visit and connect via LinkedIn and X.
Cision Canada
4 days ago
- Business
- Cision Canada
Manufacturing's Next Big Challenge Isn't Tech; It's Talent, Says Info-Tech Research Group
With Industry 4.0 evolving into the more human-centric Industry 5.0, manufacturers are facing a skills crisis and must confront expanding IT talent shortages. A recently published resource from global research and advisory firm Info-Tech Research Group offers industry insights and practical talent strategies to close these gaps and drive sustainable growth within the manufacturing sector. TORONTO, June 18, 2025 /CNW/ - Manufacturers are reaching a tipping point as the next wave of industrial innovation collides with a widening IT talent gap. As emerging technologies like AI, IoT, and real-time data analytics redefine production environments, organizations are finding it increasingly difficult to source professionals who can bridge deep technical knowledge with modern problem-solving and ethical foresight. To address this evolving challenge, Info-Tech Research Group has published research insights and advisory in a new blueprint, Understand and Assess IT Skills Gaps for Industry 4.0 & 5.0. The recently released resource from the global research and advisory firm offers manufacturing IT leaders a structured approach to uncover critical skills gaps and build resilient, innovation-ready teams. Why Traditional Approaches Are Falling Short Info-Tech's newly published research insights highlight the growing IT skills gap in manufacturing as the sector transitions from the automation-driven focus of Industry 4.0 to the more human-centered demands of Industry 5.0. "The convergence of digitalization and human-centric technologies has redefined the skills landscape, requiring proficiency in data analytics, cybersecurity, digital technologies, and human-robot interaction," says Shreyas Shukla, principal research director at Info-Tech Research Group. "However, traditional hiring and upskilling practices have failed to keep pace with the velocity of technological change, leaving manufacturers grappling with a mismatch between available skills and emerging needs." While technical expertise remains essential, the need for creative thinking, ethical decision-making, and collaboration across roles is increasing rapidly. Info-Tech's data-backed resource examines the root causes of current skill shortages and offer practical strategies for leaders seeking to respond with purpose and urgency. The firm's findings, found in Understand and Assess IT Skills Gaps for Industry 4.0 & 5.0. show that investment in innovative manufacturing technology continues to grow year over year. Info-Tech explains digital transformation impacts every aspect of manufacturing, and offers organizations several competitive advantages, including: Improved Quality: Improved visibility, traceability, and monitoring ensure error-free processes and products. Increased Agility: Faster response to changing market conditions and customer needs. Increased Resilience: Improvement in the ability to anticipate and respond to changes and competition. Enhanced Security: Improved security posture through advanced measures such as MFA, encryption, and network segmentation. Sustainability: Reduction of manufacturing waste caused by sub-par practices. Cost Savings: Optimized costs related to manual labor, complex processes, and low quality & productivity. Competitive Advantage: Better decision-making using AI/ML, big data, and IoT. Improved Efficiency: Improvements via automation, defect reduction, and faster production times. As the manufacturing sector continues to modernize, having the right talent in place is as important as adopting the right technologies. Info-Tech's blueprint offers critical insights and helps organizations assess their workforce capabilities and plan for the future. The firm advises that by identifying critical IT skill gaps and addressing them through informed strategies, manufacturers can strengthen their competitive edge and remain resilient in the face of rapid change. For exclusive and timely commentary from Shreyas Shukla, an expert in the manufacturing sector, and access to the complete Understand and Assess IT Skills Gaps for Industry 4.0 & 5.0 blueprint, please contact [email protected]. About Info-Tech Research Group Info-Tech Research Group is one of the world's leading research and advisory firms, serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact [email protected].
Yahoo
5 days ago
- Business
- Yahoo
Transportation Uncertainty Demands Action: Info-Tech Research Group Helps CIOs Lead Through Logistics Disruption With New Resource
In response to growing instability in transportation and logistics, Info-Tech Research Group has released a research-backed framework designed to help sector CIOs take decisive action. The newly published blueprint offers a step-by-step approach for identifying operational risks, evaluating IT capacity, and building business continuity plans that stand up to ongoing disruption. With many organizations stalled by uncertainty, the firm highlights the risks of inaction and explains the opportunity for IT leaders to provide clarity and direction in its new resource Keep Transportation Operations Moving in a Shifting Market. TORONTO, June 17, 2025 /PRNewswire/ - Transportation and logistics leaders are being pushed to their limits as driver shortages, rising tariffs, and unpredictable demands continue to disrupt day-to-day operations. Global research and advisory firm Info-Tech Research Group explains in a newly published resource that with pressure mounting, relying on outdated processes is no longer an option. Info-Tech advises IT leaders that to stay resilient and responsive, organizations need strategies that are flexible, forward-looking, and rooted in strong IT direction. To support this shift, Info-Tech's blueprint, Keep Transportation Operations Moving in a Shifting Market, provides practical guidance to help CIOs navigate volatility and keep goods moving. "Uncertainty in transportation and logistics has left many hesitant, delaying decisions while waiting for direction," says Evan Garland, research analyst at Info-Tech Research Group. "But waiting is not a strategy, and inaction carries significant risks. Those who step forward with solutions become the steady hand their organization can rely on." The firm's newly published research insights reveal a growing set of challenges facing logistics operations, including rising costs, unpredictable business patterns, stalled contract renewals, and concerns about a possible recession. These issues require a more strategic and technology-enabled response. Info-Tech recommends that CIOs must assess their IT capabilities to address escalating risks and enhance system resilience. Just as critical is the need to establish well-structured business continuity plans that support operations and ensure consistent value delivery through shifting conditions. A Four-Step Framework for CIOs To help organizations move from reactive to prepared, Info-Tech's blueprint, Keep Transportation Operations Moving in a Shifting Market also outlines a four-step framework that empowers CIOs to lead through disruption with clarity and confidence. The four steps include: Identifying and evaluating key risks to operations and understanding their potential impact. Reviewing IT capacity and making targeted improvements to support resilience. Creating detailed continuity plans to maintain operations and deliver value under pressure. Executing those plans with clear communication and ongoing feedback to adapt as needed. With this resource, Info-Tech provides a clear and actionable strategy for CIOs navigating a rapidly changing logistics environment. By aligning IT capabilities with operational priorities, leaders can help their organizations remain stable, agile, and ready for what comes next. For exclusive and timely commentary from Evan Garland, an expert in digital transformation, and access to the complete Keep Transportation Operations Moving in a Shifting Market blueprint, please contact pr@ About Info-Tech Research GroupInfo-Tech Research Group is one of the world's leading research and advisory firms, serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact pr@ For information about Info-Tech Research Group or to access the latest research, visit and connect via LinkedIn and X. View original content to download multimedia: SOURCE Info-Tech Research Group
Yahoo
13-06-2025
- Business
- Yahoo
RevOps Replaces SalesOps as the Driver of Scalable Growth for Orgs: New Resource From Info-Tech Research Group Explains the Shift
Info-Tech Research Group's new blueprint highlights the shift from Sales Operations to Revenue Operations as the key to driving sustainable growth. By aligning teams and leveraging data across departments, businesses can improve decision-making, boost efficiency, and create a seamless customer journey. The research outlines the benefits of adopting RevOps and provides practical guidance for organizations aiming to stay competitive in today's fast-changing market. TORONTO, June 13, 2025 /PRNewswire/ - Organizations are under increasing pressure to deliver consistent revenue growth, prompting many to move beyond traditional Sales Operations. While SalesOps focuses on improving sales team efficiency, it often relies on intuition and personal relationships, which can lead to missed data insights and limited scalability. To address these challenges, Info-Tech Research Group has published a new blueprint, Make the Case for RevOps, outlining a strategic RevOps model that unifies Sales, Marketing, and Customer Success around shared goals and centralized data. The firm explains that by centralizing data and fostering more informed decision-making, the RevOps model enables organizations to accelerate growth, improve forecasting, and enhance the customer experience. Info-Tech, a global IT research and advisory firm, identifies these outcomes as critical to driving sustained business value and maintaining competitive advantage. "RevOps is emerging as a critical capability for companies looking to scale efficiently and align growth across the business," says Julie Geller, principal research director at Info-Tech Research Group. "By aligning teams around shared goals and leveraging real-time data, organizations can adapt more quickly to market changes and act on high-impact opportunities. Agile reporting and continuous feedback ensure strategies remain focused and measurable." In the blueprint, Geller explains that RevOps does not replace the human side of sales but enhances it by combining data with personal connections. The firm's recently published resource further highlights how various industries, including financial services, manufacturing, and professional services, are realizing the benefits of adopting a RevOps model. Info-Tech explains that by providing a unified view of the customer journey and streamlining cross-departmental efforts, RevOps aims to deliver consistent and predictable revenue growth along with an improved customer experience. The data-backed blueprint also outlines practical, easy-to-follow instructions for organizations planning to implement RevOps model and focus on the metrics that matter most. In its Make the Case for RevOps resource, Info-Tech identifies the following key advantages of implementing a RevOps model: Specialized focus: Dedicated attention to optimizing revenue operations across all departments. Cross-departmental coordination: Seamless collaboration and alignment between Sales, Marketing, and Customer Success. Strategic autonomy: Ability to implement strategic initiatives and process improvements independently. Enhanced data integration: Unified and streamlined view of the customer journey and comprehensive revenue analytics. Consistency in processes: High efficiency and effectiveness with standardized processes. Centralized accountability: Single point of accountability for tracking performance and meeting revenue goals. Scalability: Easily scalable operations and strategies to support business growth. Innovation and continuous improvement: Focus on adopting new technologies and best practices for sustainable growth. Info-Tech advises that adopting a RevOps framework helps organizations run more efficiently, make better use of resources, and align their key business priorities. The firm's research details how marketing teams can work more closely together, simplify their processes, and achieve real, measurable growth while staying focused in a complex business environment. For exclusive and timely commentary from Julie Geller, a MarTech industry expert, and access to the complete Make the Case for RevOps blueprint, please contact pr@ About Info-Tech Research Group Info-Tech Research Group is one of the world's leading research and advisory firms, proudly serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations. To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services and SoftwareReviews for software buying insights. Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact pr@ For information about Info-Tech Research Group or to access the latest research, visit and connect via LinkedIn and X. View original content to download multimedia: SOURCE Info-Tech Research Group
