Embracing modern technology solutions can significantly enhance the growth potential of a Small and Medium-sized Enterprise (SME). The presence of modern technology can streamline operations, attract new customers, and boost competitiveness in the market. It can also bridge the productivity gap between the SME and larger companies, and empower the SME to adapt to technological changes swiftly. Furthermore, by embracing technology, SMEs can seize opportunities for innovation, which are crucial for growth in today's digital age. Thus, the decision to modernise technology can have far-reaching benefits for an SME's potential for growth. Transitioning from traditional to transformational approaches by modernising technology can open a world of possibilities for SMEs.
