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
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