According to HubSpot’s research:High costs is the leading challenge faced by Singapore business (44%) with one in five (22%) saying it’s the biggest challenge they are facing.Intense competition (39%), rising costs of reaching audiences (35%), and channel saturation (34%) emerged as other top challenges in attracting and retaining customers among Singapore businesses.Less than half (43%) of Singapore businesses strongly agree that their data and systems are effectively interconnected to provide a cohesive and comprehensive view of their customers.The average business in Singapore has to switch between 58+ distinct applications just to manage their customer interactions.Nearly eight in ten (76%) of Singapore businesses also do not have enough data or the right data to make their AI usage effective, while about a third (34%) have not ‘started talking about generative AI at all’.SINGAPORE, Sept 23, 2024 - (ACN Newswire via SeaPRwire.com) - HubSpot, the customer platform for scaling businesses, has released new data showing that many Singapore companies are contending with insufficient quality data and a disjointed tech stack even as costs and competition continue to rise.Andy Pitre, EVP of Product, HubSpot, launching Breeze at INBOUND 2024Go-to-market teams—marketing, sales, and service—hold the keys to customer happiness, revenue generation, and ultimately business growth. But today, GTM teams are struggling to keep up, let alone drive growth, thanks to intense competition, increasing costs to reach prospects and customers, and channel saturation. To make matters worse, their tech stacks are falling short.Nearly half of Singapore businesses participating in a HubSpot survey cited high costs (44%) as their number one challenge, with one in five (22%) saying it’s the biggest challenge they are facing. This aligns with data from the Singapore Business Federation, which identified increasing manpower and utilities costs as key contributors to business expenses.The survey also found that intense competition (39%), rising costs of reaching prospects and customers (35%), and channel saturation (34%) are impacting the ability of Singapore businesses to effectively attract and retain customers, potentially limiting their growth potential. Inability to compete against their peers could create additional pressures on Singapore businesses, especially with the country recently ranked the world’s most competitive economy worldwide.While technology has traditionally been viewed among Singapore businesses as a tool to augment competitiveness and allow them to punch above their weight, barriers remain when it comes to quality data and a modern tech stack.HubSpot’s findings indicate that less than half (43%) of Singapore businesses agree that their data and systems are effectively interconnected to provide a cohesive and comprehensive view of their customers. This can significantly increase complexity in managing customer interactions and experience, with the average business in Singapore needing to switch between more than 50 distinct applications just to manage customer interactions. As a result, many businesses may struggle to gain a consolidated view of their customers, leading to disconnected data and a suboptimal customer experience.“Needing to switch between more than 50 applications to manage customer interactions is not only detrimental to efficiency, but could also lead to inaccuracies as businesses try to align insights across disparate data sources. Having a single source of truth for customer data is essential to build and maintain meaningful customer relationships,” said Dan Bognar, Vice President & Managing Director of JAPAC, HubSpot. “Technology can give businesses a helping hand, however our findings show that data connectedness and a unified tech stack are presenting significant opportunities for local businesses looking to improve prospecting and customer retention.”An overall lack of quality data could also have had an impact on local adoption of Artificial Intelligence (AI) powered tools. According to HubSpot’s survey, nearly eight in ten (77%) of Singapore businesses felt they did not have enough data or the right data to make their AI usage effective. Perhaps as a consequence, about a third (34%) have not ‘started talking about generative AI at all’.“Operating in the world’s most competitive economy is no easy feat, requiring a delicate balance between manginging increasing costs, while delivering an impactful customer experience. At HubSpot, we are committed towards equipping businesses with applications that are easy to use, fast to implement, and delivered on a unified platform. This helps to align marketing, sales, and service teams with a unified view of their customer.” said Bognar.To help businesses grow better in today’s environment, HubSpot is committed to building easy, fast and unified tools. That’s why, at INBOUND 2024 and in our latest Spotlight product launches, HubSpot has unveiled its easiest, fastest, and most unified version yet. Everything is built so that GTM teams can unlock growth for their businesses.Our new, biggest releases include:Breeze, HubSpot’s AI to power the customer platform. Breeze includesCopilot, HubSpot’s new AI companion to boost productivity and make work easier.Four AI agents to get work done fast, from start to finish, including Content Agent, Social Media Agent, Prospecting Agent and Customer Agent.Plus 80 more features embedded across the platform, from remixing content to predicting sales forecasts.Breeze Intelligence, HubSpot’s data enrichment and buyer intent solution. Breeze Intelligence includes:Data enrichment which pulls from a database of over 200 million buyer and company profiles to enrich company and contact records in HubSpot’s Smart CRM.Buyer intent to help customers identify which prospects are best fit.Form shortening to increase conversion by automatically adding information Breeze Intelligence already knows.Updates to Marketing Hub and Content Hub, the combo that’s giving marketers everything they need to launch full campaigns from start to finish, from finding an audience to measuring impact, including:Tools to capture attention like Content Remix for video, which uses AI to turn a single video into a full campaign of clips, audio and written content.Tools to generate leads and convert prospects like Lead Scoring to find high engagement, high-fit prospects and Google Enhanced Conversions to leverage first-party conversion data from HubSpot to improve campaign performance.Tools to measure impact like the new Marketing Analytics Suite, which brings all marketing metrics and reporting in one place to improve campaigns and get results faster.Learn more about our major launches with product deep dives:BreezeBreeze IntelligenceMarketing Hub and Content HubVisit the 2024 Spotlight here.About HubSpotHubSpot (NYSE: HUBS) is the customer platform that helps your business grow better. HubSpot delivers seamless connection for customer-facing teams with a unified platform that includes AI-powered engagement hubs, a Smart CRM, and a connected ecosystem that extends the customer platform with over 1,500 App Marketplace integrations, a community network, and educational content from HubSpot Academy. Today, over 228,000 customers, like DoorDash, Reddit, Eventbrite, and Tumblr, across more than 135 countries use HubSpot to attract, engage, and delight customers. Learn more at www.hubspot.com.Research methodologyHubSpot proprietary researchSingapore sample size: 102Global sample size: 1893Press contactYanchang TanSling & Stone for HubSpotyanchangtan@slingstone.com Copyright 2024 ACN Newswire via SeaPRwire.com.

MUMBAI, INDIA, Sept 23, 2024 - (ACN Newswire via SeaPRwire.com) - In an era where businesses are realigning their global operations, India has emerged as a pivotal destination for multinational corporations. A new white paper titled "India’s Emerging Role in the Global Economy" reveals how the country's dynamic business environment is reshaping global strategies, positioning India as the ultimate hub for innovation, technology, and foreign direct investment (FDI).Key Insights:Unparalleled Economic Growth: India is forecasted to grow at a staggering 6.5% in FY 2025, making it the fastest-growing major economy, with untapped market potential.Soaring FDI Inflows: Sectors such as computer software and high-tech services have seen an inflow of $17.96 billion, thanks to initiatives like 'Make in India' and 'Digital India.'Technological Powerhouse: India’s digital GDP is expected to hit $1 trillion by 2025, propelled by advancements in AI, cloud computing, and IoT, making it a key global innovation center.An Opportunity Unlike Any OtherThis white paper uncovers the strategies needed to thrive in India’s complex market while navigating risks such as geopolitical tensions and infrastructure challenges. It reveals why global brands like IKEA, Starbucks, and Netflix have achieved unprecedented success by embracing localization, cultural sensitivity, and strategic partnerships.However, the real surprise lies in India’s Tier 2 and 3 cities, which are emerging as the next frontiers of growth, offering businesses new markets and opportunities.Explore the full white paper here: India's Emerging Role in the Global EconomyWhy This MattersIndia's youthful demographic (65% under the age of 35), robust intellectual property laws, and ease of doing business make it a hotbed for innovation and business growth. The paper emphasizes that companies entering India need a tailored approach to local preferences, cultural nuances, and regulatory complexities.About SRKay Consulting GroupTo truly leverage India’s potential, it is essential to partner with a firm that understands the intricacies of this evolving market. SRKay Consulting Group stands at the forefront, helping businesses navigate India’s diverse economy through their expertise in operational excellence and innovative Virtual Captive and Global Competency Center (GCC) solutions. Whether your goal is market entry or expansion, SRKay provides the strategic guidance to ensure sustained growth in India’s competitive landscape. For more information, visit https://www.srkay.com. Read the full report to discover how India is transforming the global economic landscape and why it’s the premier destination for business expansion in 2024.Don’t miss out on understanding why the world’s leading companies are making India their go-to hub for future growth!Media contact:komal@mianext.com Copyright 2024 ACN Newswire via SeaPRwire.com.

SINGAPORE, Sept 21, 2024 - (ACN Newswire via SeaPRwire.com) - Choosing the right credit card from a vast array of options can offer long-term benefits for consumers. Some cards might provide valuable perks like redeemable points, while others offer appealing cashback rewards or even miles that never expire. Choose the credit card that would align with your current spending and offer you substantial benefits as well.Here are some ways to narrow down the choices based on a few factors below:Key Considerations When Choosing a Credit CardBefore you apply for a credit card, it is necessary to identify the best card for you and the one with features designed to meet your specific needs. For instance, are you looking for rewards, convenience, card security and extra financial flexibility? You can then easily filter out the options that meet your requirements.Card Benefits and FeaturesCredit cards can be powerful allies in managing finances and enhancing your lifestyle when used wisely. By understanding and leveraging the benefits and features, you can make the most of your card and achieve your financial goals.Exclusive Privileges:There is a wide range of travel, dining and shopping deals with your credit card merchants. You can redeem points, miles, or cash rebates on your cards. Compare the selected credit cards to check on the sign-up bonus and rewards to make your best choice.Reward programs: Earn reward points, miles, or cashback when you spend on your credit card.Travel benefits: Some cards offer travel insurance, airport lounge access, and other travel-related perks.Fraud protection: Credit cards typically offer robust security features and fraud protection, safeguarding you against unauthorized transactions.Pay bills and earn rewards: Pay your daily bills and earn reward points or miles at the same time.Instalment payment plan: Many cards allow you to convert large purchases into affordable instalments while still earning rewards.Select the Best Value Providing Credit CardAfter identifying the credit cards that suit your needs, you can further refine your selection by focusing on the added value each card offers. For example, if you compare credit cards with cash-back rewards, consider those that provide higher cash-back percentages or bonuses in categories where you spend the most. If several cards meet these criteria, you can then weigh other benefits, such as lower annual fees, introductory offers, or additional perks like travel insurance or purchase protection.Some credit card annual fee charges come with welcome bonus miles which exceeds the value of the annual fee payment. While selecting the card, it is important to know the amount that will be charged annually, so it doesn't come as a setback when you must pay for it.Final ThoughtsWith a multitude of credit card options available, selecting the right one can greatly enhance your financial experience. The ideal card can simplify your transactions and provide access to valuable benefits such as exclusive discounts, travel perks, and personalized rewards. Take the time to research the various types of credit cards to find one that aligns with your spending habits and preferences. Applying for the card that best suits your needs is just a few clicks away online.Notice:Opinions, analyses, reviews, or recommendations expressed in this article are those of the select editorial staff alone and have not been reviewed, approved, or otherwise endorsed by any third party.Contact:Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.