A Quick Guide on Technology Adoption by SMBs – The Importance and Strategy
Did you know that SMBs account for 99.9% of businesses worldwide? Yes, globally there are more than four hundred million SMBs. SMBs are the backbone for stimulating economic development in any country and play a crucial role in driving innovation and adopting new technologies. Failing to adopt the right technology at the right time, can hinder the growth of SMBs and the economy.
However,the transition to modern technologies can be challenging for SMBs – primarily due to a lack of knowledge and technical expertise and due to budget constraints.