SMEs THINK BIG; the growth imperative by SAP
Posted: August 10, 2012 Filed under: General Articles | Tags: Business, Business and Economy, ERP, prospettiva, Recession, SAP, SAP AG, Small and medium enterprises, Small business 1 CommentA recent survey conducted by SAP has found that, despite the economic downturn, UK small to medium-sized enterprises are in a ‘confident and optimistic’ mood and that they are still, ‘thinking big’ despite being aware of the challenges that this involves.
The survey finds that there are 4 key pillars of growth; Innovation, Management, Technology and Money & Finance.
Other key findings:
- 96% of the SMEs surveyed confirmed that they are looking to grow their business
- 30% are seeking to grow at a fast rate than their competitors
- On average, SMEs expect to grow by 20% in the next 2 years, 48% expecting to grow by more than this
- 41% of SMEs rate growth over commercial stability, seeing this as a greater priority over the coming two years
- Confidence in growth predictions is high – 81% are confident that they will achieve their planned growth objectives
To read the full report, click here.
Find out how Prospettiva can help your business cut its IT overheads and facilitate growth, call us on 0845 257 6001 or click here to send a message.
This blog has moved to www.prospettiva.co.uk 