Small and medium-sized enterprises (SMEs) stand to gain significant benefits from the adoption of digital technology. Digitalisation can offer opportunities to streamline company processes, reshape business models and access new markets. However, SMEs, especially those with low digital maturity, often encounter challenges in embracing digital technology.
Evidence indicates that such companies might face constraints in terms of resources and expertise needed to initiate their digitalisation journeys. This makes effective planning critical for managing successful digital transformations.
Analysis of digitalisation good practices reveals that establishing both long-term and short-term digitalisation objectives can empower companies to persist through setbacks, secure funding, cultivate stakeholder buy-in, and consequently, effectively implement digital technology.
Recognising the challenges faced by SMEs when digitalising, this article provides actionable guidance tailored to SMEs and companies with limited digital maturity, assisting them in planning successful digital transformations.
This guidance builds upon the insights garnered from the Smart Industrial Remoting study, implemented by PPMI on behalf of the European Commission. The study analysed the challenges companies encounter when integrating digital technologies and put forward practical recommendations for achieving successful digitalisation.
Click the boxes below to find out more about each of the six steps of planning a successful digital transformation.
This article is based on the Business Digitalisation Toolbox developed for the Smart Industrial Remoting study. The study was carried out by PPMI for the European Commission and sheds light on the digitalisation of five industries in five different European countries. For more information, see this page.
If you have questions for the team, you can reach us at digital_industry@ppmi.lt.
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