Intel to boost tech adoption among SMEs

Tech major Intel, in association with the MSME ministry, has launched a nationwide initiative to enhance technology adoption among small and medium enterprises, according to India SME Forum.

A survey conducted by the Forum across 19 states also 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.

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