KfW SME Digitalisation Report 2018
News from 2019-04-03 / KfW Research
Digitalisation has reached broad areas of the SME sector – average expenditure on digitalisation remains low
Digitalisation has reached SMEs. The share of SMEs that has successfully implemented digitalisation projects has risen to 30%, up 4 percentage points on the last period. Companies of all sizes have shown growth – and this in almost industries. Total expenditure on digitalisation has risen to EUR 15 billion but expenditure per company has stagnated at a low level. Furthermore, small companies invest less and less often in digitalisation. This gives rise to concerns of a potential divide emerging between large, heavily digitalised SMEs and small SMEs left behind in the digital transformation.