News from 2021-09-16 / KfW Research
German SMEs lack digital skills, need more training
Digitalisation is an integral part of SMEs' day-to-day operations. Basic digital skills such as knowing how to use computers, tablets and standard software is of great importance for more than 80% of small and medium-sized enterprises (SMEs). In addition, one quarter of SMEs have a need for advanced skills such as programming and data analysis. A supplementary survey to the KfW SME Panel has shown that one in three SMEs lack urgently needed digital skills. A broad training campaign could prevent the shortage of digital skills from becoming a major barrier to digital structural change.
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