Four Ways SMBs can Leverage Digital Transformation - Beinex

Four Ways SMBs can Leverage Digital Transformation

Small and Medium-sized Businesses (SMBs) are the backbone of the global economy, contributing significantly to job creation, innovation, and economic growth. However, in today's rapidly evolving digital landscape, SMBs face many challenges in staying competitive and relevant. The emergence of new technologies, changing consumer behaviours, and a shift towards digital-first experiences have all contributed to the need for SMBs to adapt and embrace digital transformation.
14 Apr 2023
Sumi S
The digital transformation uses digital technologies to transform businesses’ operations, deliver customer value, and compete in the market. For SMBs, digital transformation can provide a pathway to growth, unlocking new potential for efficiency, productivity, and innovation. The Context and the Harvest Potential Reports suggest that SMBs that are digitally engaged can increase their profits up to twice as fast as their offline counterparts. Digital transformation opens up new market opportunities for SMBs, driving overall growth....
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