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Many SMBs stuck in planning stage of digital transformation
- Thursday | 3rd October, 2019
But while 39% of those have already started their journey and are at different stages of digital maturity, 42% are still in the planning stage. The good news is that digital technologies are so widely available and easier to use that the playing field between MNCs and SMBs is becoming relatively more levelled. “Driven by the evolved state of digitalization of the SMB ecosystem and the opportunity presented by digital technologies to amplify capabilities and competitiveness, SMBs must progress and evolve towards becoming ‘Future SMBs’,” he says. “[These] will force SMBs willing to benefit from the opportunities presented by these new economies to make investments in digital technologies, and become them more competitive,” Narvaez says. IDC expect 60% of SMBs in Asia-Pacific to be well along in their digitalization journey in the next three to five years.
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