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Curious to see how Omnilytics can help your business? We'd love to show you. First, let's get to know you better.
What would your fashion business do with a $5,000 payout?
Discover consumer demand with the Digital Resilience Bonus from IMDA.
Global and local brands use Omnilytics to make critical commercial decisions. You can now take advantage of these insights through IMDA's program for Singapore retail businesses.
Ambitious brands & retailers, big and small, trust Omnilytics
How do I get the IMDA DRB grant?
The process of registering for the grant is simple. First, start by completing step 1 (check eligibility) and our team of representatives will be in contact with you to guide you through the process.
Get your risk-free grant
Omnilytics is proud to be selected by IMDA DRB to be a pre-approved vendor for the SGD$5,000 DRB payout. As a pre-approved vendor, we can provide Omnilytics to you at no cost for 1-year.
“RYE’s “business grew year-on-year by over 60%” since they started using Omnilytics. I knew what my customers were buying from other brands, and where they were buying it - allowing us to make the right decision every time.”
Bessie Ye
Founder & Designer, RYE
“Our team actively uses Omnilytics to benchmark seasonal buys, and to track competitors’ assortment width and price on real-time.”
Giulio Xiloyannis
COO, Zalora Group
“Personally as a brand owner, I'd like to see my teams equipped with the right help in order to navigate this crisis and help the business not just survive, but thrive.”
Kristy Yong
CEO, Ms. Read
“The Omnilytics team has been responsive to feedback and proactive with solutions. They show willingness to meet the needs of the customer and offer alternative solutions. Their platform has the potential to be used by both big and small players.”
Vernon Yeo
Regional Marketing Director, Lenzing
Our business is to help you excel in yours.
From bestsellers to low performers, we tell you exactly what consumers want - in the right time, right price, and right style.
Designers
Instantly view all products available in your market by category, pricing, style, and more. We help you identify what’s uptrending and in-demand, so you can focus on integrating our insights into your designs.
Commercial
Brands resolve to heavy markdowns as a short-term strategy to reduce overstock, resulting in minimizing profitability. With insights on market pricing overview, you will never underprice or overprice your products to protect your margins.
Marketing
Speed up your competitor research by monitoring marketing campaigns, materials, and promotional communications - all in one platform. This way, you and your marketing team can make decisions swiftly and with confidence.
Frequently Asked Questions
The Digital Resilience Bonus (DRB) aims to uplift the digital capabilities of a broad base of enterprises. For a start, DRB will be targeted at the Food Services and Retail sectors which are more affected by safe distancing requirements in the reopening of the economy.
The DRB is given on top of enhanced digitalisation assistance provided under the SMEs Go Digital programme. Food Services and Retail enterprises that have PayNow Corporate, e-invoicing, and use pre-defined categories of digital solutions for Business Processes, Digital Presence and Data Mining and Analytics can receive bonus payouts of up to $10,000. Download the DRB e-brochure here (2.67MB)
The DRB is given on top of enhanced digitalisation assistance provided under the SMEs Go Digital programme. Food Services and Retail enterprises that have PayNow Corporate, e-invoicing, and use pre-defined categories of digital solutions for Business Processes, Digital Presence and Data Mining and Analytics can receive bonus payouts of up to $10,000. Download the DRB e-brochure here (2.67MB)
- There is no need for you to apply for the bonus.
- Let your DRB pre-approved solutions provider know and they will submit your UEN to IMDA if you are using the solutions from 1st June 2020 to 30th June 2021.
- IMDA will automatically credit the Bonus to your PayNow Corporate based on the categories of solutions you used.
Your business is eligible for the DRB if it meets the following criteria:
- Falling under the Retail sector as at 26 May 2020 - Check here
- UEN incorporated on or before 26 May 2020
- UEN has an active PayNow Corporate account
- UEN is on the Peppol e-invoicing network - If not apply here
- The processing time by IMDA is about 1 month. The first enterprises that adopt the pre-defined solutions will receive their first Bonus payouts in October 2020. Those that adopt later will receive their Bonus payouts in later months. IMDA will have a monthly cycle of assessing business’ eligibility for the Bonus and making the Bonus payouts.
- Assessment of eligibility for the DRB payouts is based on whether a business has used the solution, regardless of the date when the solution was deployed.
The Bonus payout will be paid through your PayNow Corporate account. You can check your account statement to see if you have been paid.
- Yes, enterprises are eligible for the Digital Resilience Bonus (DRB) as long as the adopted solutions fall under the respective categories and are listed under the scheme on the IMDA website.
- Assessment of eligibility for the DRB payouts is based on whether an enterprise has used the solution, regardless of when the solution was deployed.
- IMDA hasn’t yet announced a deadline. However, if you want to ensure you get your DRB payout early, we recommend you ask your Solution Providers to inform IMDA as soon as possible. We foresee that the processing time will increase as the number of companies request for DRB.
- You’re able to sign up with an IMDA DRB pre-approved vendor and they can submit paperwork on your behalf before 31 December, 2021.
No, the solutions adopted do not need to be new. If you are already using Omnilytics in category 3, you will be eligible for the DRB. And if you have other existing solutions that fall in Cat 1 and Cat 2, you will be eligible for those separately as well.
We know times are tough for SMEs now, which is why we’re working with Funding Societies to make covering the subscription cost more accessible. Funding Societies can cover the cost for your subscription, and you can pay XX% interest so you can get access to our platform immediately. Please reach out to our Sales team if this is something you’d like to explore.
We currently support the following categories:
- Clothing
- Footwear
- Bags
- Accessories