Should SMEs continue investing in technology?

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There is a common misconception among SMEs that, at some point, they will be done with technology. For example, after implementing an ERP solution, the company may assume that they are at par with their competition. So, they are done with technology investment for some time.

Here is a question for you:

Should SMEs continue investing in technology after major ERP implementation or another significant digital initiative?

Look, the answer is yes! Simply because in the current environment, you are never done with technology. Implementing technology on an ongoing basis is becoming a necessity now. So as a business you will never be able to claim that you are done with technology.

So, nurture the talent and resources to develop technology implementation capabilities within your business. Consider forming a Digital Capability Development Team within your business. This will be your first step toward committing to ongoing investment in technology within your company!

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