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India has world’s 2nd largest internet user – 462 million and growing fast. Large government platforms like GST, Aadhar, UPI are fuelling India in to a “Digital Economy”. But, SMEs are falling behind. Just 2-3 % are fully digitally enabled. With this huge opportunity, SMEs will be the largest contributor to “Digital Economy” in coming years if they put their act together.
SMEs need to adapt to emerging “Digital Economy” and become digitally enabled – to have higher efficiency and growth.
In age of cloud, SME can easily get digitally enabled using a combination of SaaS or off-the-shelf Software for business applications.
Cloud Computing has created largest impact on digital revolution and SMEs can easily become digital by using Cloud.
Digital Economy will be overwhelmed with digital transactions and SMEs find e-commerce a lucrative option to increase outreach in market.