computing. A steep 93% respondents said they have either completed or are in the process of making a significant business transformation.
Commenting on the survey findings, Priyadarshi Mohapatra, vice president-ecosystem, channels & general business for SAP Indian subcontinent, said, “Recognising the opportunities for international expansion is clearly not ‘new’ to this region, nor is the notion of business transformation. However, maintaining a competitive advantage across such a diverse range of markets is a key priority for SMEs in India, particularly when it comes to managing supply chains and subsidiaries. Having a clear business insight across the entire organisation at any one time is of utmost importance for those firms with a significant global footprint.”
Though Indian SMEs appreciate the advantages of technology, they are cautious spenders; 57% respondents said they invest in new technologies only when there is a clear return on investment. That is as hard-nosed a business approach as it can get.