News from 2020-05-07 / KfW Research
KfW SME Digitalisation Report 2019
Digitalisation projects are gaining traction in the SME sector but digitalisation expenditure has remained low for years
The most important findings are:
- 40% of SMEs completed at least one digitalisation project
- Digitalisation expenditure was EUR 19 billion per year
- SMEs spent an average EUR 17,000 on digitalising their business
- The coronavirus pandemic will trigger a surge in digitalisation
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