KfW SME Digitalisation Report 2020

The current KfW SME Digitalisation Report examines the development of digitalisation activity before and during the coronavirus pandemic.

The key finding is that digitalisation activity exhibited a mixed trend during the crisis:

• One third of SMEs expanded their digitalisation activities, while another third still did not carry out any digitalisation projects at all

• Most have put crisis management measures in place that could be implemented swiftly, while strategically oriented projects were more often postponed

• Large SMEs in particular have been ramping up their activities; the SME sector could break up into two groups

KfW SME Digitalisation Report 2020(PDF, 1 MB, non-accessible)

Press release