News from 2018-03-17 / KfW Research

Digitalisation in German SMEs: state of implementation and investment

For the first time, the KfW SME Panel surveyed whether small and medium-sized enterprises are conducting digitalisation projects and how much they spend on them. The key findings are:

  • Total investment for digitalisation in 2016: only EUR 14 billion
  • Only one in four SMEs with completed digitalisation projects
  • Small businesses are particularly hesitant
  • Knowledge-based service providers and R&D-intensive manufacturing are pioneers

Digitalisation in German SMEs: state of implementation and investment

Press release

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Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.