Nearly half of SMEs struggle with digitisation's high costs

Submitted By:  Nathanielle Punay Case Study:  No Businesses stated that they are still unprepared to face common tech risks. Around half or 41% of small and medium enterprises (SMEs) stated that high investment costs is their top barrier for digitising, according to a QBE survey. They also noted that SMEs have been adopting digitised means at a slower pace. The second top struggle is the company’s lack of financing and funds. To go against this, 57% of SMEs stated that financial support from the government was a key form of support needed to lift these challenges. read more