Search

Indian SMEs Riding High on the Digital Wave!

17 August 2016 4 MIN READ

Increasing adoption of social, mobile, analytics and cloud technologies by the SMEs has set the stage for a rapid transformation of this sector. What is driving this tech wave?

India’s SME sector is one of the primary drivers of its economy. It contribution to the GDP is expected to increase to 20% by 2020. Increasing adaption of technology and digitization strengthening this sector like never before and going by the pace, Indian SMEs would soon hold a string foot in the global business scenario.

As per a report released by NASSCOM, the approximate market growth driven by technology and digitization is about 30% (USD 1 trillion) by 2020.

What is driving this change?

  • Availability of SME specific solutions that meet very specific requirements.
  • Awareness about importance of business analytics and how data insights can help businesses grow faster.
  • Low cost, easy to use softwares that fit the SME market in every sense. For example, SAP Business One software is a key ERP developed specifically for the SMEs.
  • Mobility and the ease of being able to access information anywhere, anytime.
  • Ability the view data real time and take informed decisions has further lured the SMEs towards technology adoption.
  • Availability of expert consultants and partners who understand the SME ecosystem deeply and facilitate the technology adoption.

The new age technologies are affordable, integrated and easy to use. They offer a one stop solution for synchronizing and managing different business functions like finance, inventory, sales and more. Making these technologies an integral part of their business strategy would help the SMEs reduce their wastage, track gap areas and take the right decisions in time.

About the author

Nidhi Batra

Nidhi Batra is a brand communication specialist at Uneecops. She is an active contributor to SAP Business One community and loves to write on smart and intelligent technology which is redefining business models such as SAP Business One, SAP Cloud, Tableau and Power BI. Having Master’s in English from Delhi University, she follows Gartner and spends her time reading avidly about Artificial Intelligence, SAP HANA, Cloud, DevOps, IoT, robotics and business automation.. Tweets at @nidhi_niya

Similar posts

Enterprise Resource Planning (ERP)

Streamline your business processes and improve productivity using our cutting edge ERP solutions & service offerings custom built for small and medium enterprises.

Industry Solutions

  • Industry-specific solutions to help your business run better. From Pharma, F&B to Retail and more, we have a solution that caters to your industry.
  • LEARN MORE

Add-Ons

  • Custom designed and quality certified 12+ Add-Ons for SAP Business One that help you solve unique business challenges with ease
  • LEARN MORE

Web & Mobility (E-Governance Solutions)

Our e-Governance solutions enable the government to reduce operational complexities and help citizens, businesses & government bodies to leverage technology to access public services with ease.

E-Governance Services

Our Portfolio

  • Browse through our portfolio of e-Governance services and move to digitally smart governance with Uneecops.
  • VIEW PORTFOLIO

CTRL-A

  • Educational ERP with enterprise-grade functionality designed specifically for educational institutes, colleges and universities.
  • LEARN MORE

Technology

  • Drive rapid digital transformation across your Government departments and agencies with established and next-gen technologies.
  • LEARN MORE

Our Products

Our products portfolio comprises of business automation software’ that helps you focus on high-value tasks and improves organizational efficiency by automating repetitive human tasks, process workflows, data capture & decision making.

HR-One

  • India's most popular HR automation software for managing the entire employee lifecycle from hire to retire. Trusted by 300+ companies across 18 industry verticals.

CTRL-A

  • A complete end-to-end Campus Management Software which automates various aspects and functions of educational institutes, colleges and universities.

Plus+

  • High-quality SAP certified industry-specific Add-Ons designed to integrate seamlessly with SAP Business One and cater your unique business needs.

Analytics

Get actionable business insights with our cutting edge BI products & consulting services. Make informed decisions and improve business efficiency with real-time analytics.

BI Services

  • End-to-end business intelligence services ranging from BI consulting, Data Visualization to Dashboarding & more that help you make informed business decisions.
  • LEARN MORE

Dashboard Services

Our Work

  • Browse through our portfolio of BI clients and know how we are offering strategic value to them with our assortment of BI services.
  • LEARN MORE