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Digitalisation

Many SMEs have been forced to transition rapidly to digital business practices such as increasing their online presence, e-commerce activities, and remote working capabilities. However, the digitalisation process does not need to be something that an SME feels obliged to do. SMEs can harness digital technologies in many ways – including to better understand their customers, reduce their costs and improve their products. 

It is crucial to keep pace with the digitalisation of the global economy and to take the opportunities that come with it. It is a necessity for SMEs to be either digitalising or have a plan in place to do so. It is vital for SMEs to have the digital capacity to be resilient and competitive into the future.

The Government have recently launched the Digital Transition Fund, with the aim of assisting SMEs to undertake a transformative digitalisation of their entire enterprise. Some of these changes include getting online, marketing online, mitigating cyber security risks, and digitalising operations. Find out more about what digitalisation supports are available for you.