Do businesses that adopt the latest technologies outperform those that don’t, and if so, by how much? This Boston Consulting Group (BCG) report delves into truisms about technology and small to medium-sized businesses, and provides answers in the form of workable, accessible data. It explains how – and by what measures – small and medium-sized enterprises (SMEs) with access to technology perform better than their competitors that lack tech access. It discusses when access to technology does not improve performance and why. The report offers policy proposals showing governments how to support SMEs and their tech needs. Some steps may surprise you – like giving women access to technology and training. Throughout, the BCG provides numbers on the financial implications of their data and illustrates the relationships between business success and technology with a host of graphics. getAbstract recommends this insightful, in-depth report to investors, start-ups, small-business owners, politicians, and those interested in the impact of technology on commerce and on developing nations.
In this summary, you will learn
- How the use of technology correlates with business success,
- How various types of small and medium-sized enterprises (SMEs) adopt technology differently and
- What governments can do to help businesses succeed.
About the Author
The Boston Consulting Group, a management consulting firm, provides business strategy advice from its officers in 43 countries.