We all know that large corporations have been using technology to become more productive and gain a competitive advantage. But what about the SMB market? Are small and medium businesses using technology to gain competitive advantage?
According to the most recent survey by Inc. Magazine of its Inc 500, the resounding answer is YES! Over 80% of its fast growing smaller enterprises report using new technology to give them a competitive edge:
- - 41% report that technology “very much” gives their organizations an edge.
- - 40% say that technology gives them “somewhat” of a competitive edge
Only 1% report that technology gives them no edge.