Findings from the AfterAccess enterprise survey conducted in Sri Lanka during December 2018 – January 2019.
Small and medium-sized enterprises (SMEs) play a huge role in our economy. It is estimated that 52% of Sri Lanka’s GDP comes from the SME sector. Therefore, if SMEs perform better, the economy as a whole will perform better. But how can SMEs improve their business? Our AfterAccess SME survey in Sri Lanka conducted in early 2019 (pre-COVID19) showed that SMEs who are more digitally connected SMEs are more successful in their businesses in various aspects.
Small and Medium Enterprises (SMEs) in Sri Lanka that make use of the internet and ICTs for business are better off than those that do not.
But the ability of small businesses in the developing world to use this resource rests on what can be done to ensure reliable, affordable connectivity, something they still do not have. Just a few years ago, public clouds like Amazon’s were considered experimental turf for tech start-ups. Today, companies like Johnson & Johnson, Intuit and General Electric are among the unit’s customers. In the past year, A.W.