Ways SMEs Can Thrive Using IT Assistance
An SME or a small or medium-sized enterprise is a business entity that maintains operations, revenues, and functions below a certain brink. SMEs have lower investments and turnovers than typical business giants of the same nature, so they are limited in expansion and diversity. As per statistics of 2024, Small and medium-sized enterprises comprise over 90% of all businesses in the US alone. Nearly 50% of all people employed in the US alone belong to the SME sector and these businesses are said to add 87000 jobs per year in the employment market of the United States. As this sector of the business world is most crucial to maintain, it is significant that digitization and IT tools integration be done as soon as possible within these businesses.