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12/12/2019 11:31am

Intel launches initiative to boost tech adoption among SMEs

image Intel launches initiative to boost tech adoption among SMEs

New Delhi, Dec 12 (KNN) In order to enhance technology adoption among small and medium enterprises, technology giant Intel in association with the Micro Small and Medium Enterprises Ministry (MoMSME) has launched a nationwide initiative.

Reportedly,  a survey conducted by SME forum across 19 states showed that over 34 per cent of the overall 1,29,537 MSME respondents are employing digital means for communicating with employees, customers and suppliers whereas only 7 per cent have fully embraced digital technology or SAAS Solutions.

70 per cent cited lack of knowledge as key barrier for wider adoption of technology, while over half of the MSMEs highlighted several benefits including higher profitability, operational efficiency and improved customer engagement.

Joint Secretary in the Ministry of MSME Alka Arora highlighted the need of technology for the development of about six crore MSMEs in India and said to take any business to the next level, technology is of prime importance.

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