SMEs need tech to excel

Technology can hold the key for small and medium enterprises (SMEs) wishing to become more competitive, according to global enterprise, notes iHotdesk.

The Inter-American Development Bank says technology is 'key for the survival' of any company around the world today.

Computers and the Internet have increased access to information and allowed companies to reach new customers, while sophisticated new tools help process business activities more efficiently, the bank states.

Sultan bin Saeed Al Mansoori, UAE minister of Economy Ministry has emphasised ministry's keenness to adopt best international practices and latest technologies needed to develop the performance of SMEs, reports WAM.

He said this while receiving the recommendations from the Korean delegation with regard to the Unified definition of SMEs.

These recommendations were based on the report submitted by the Korean delegation to the Ministry of Economy in September, which was prepared after the visit of the delegation in the month of August to the UAE.

A new survey has shown that independent telecoms service providers are meeting the needs of SMEs better, when compared with their national rivals, according to Smart Guerrillas.

An independent survey carried out for the Federation of Communication Services (FCS) has demonstrated the importance of independent telecoms service providers in serving UK SMEs.

The survey, which was carried out by YouGov on behalf of FCS, showed that 27% of the telco suppliers were independent service providers and resellers demonstrating that they form a significant part of the market.