Meaning ● Responsible Technology SMB denotes the approach of Small and Medium-sized Businesses in developing, deploying, and utilizing technology with a focus on ethical considerations, societal impact, and sustainability; specifically, it is business diligence. This encompasses data privacy, algorithmic transparency, cybersecurity, and fair labor practices throughout the SMB’s technology lifecycle, including software, hardware, and automated systems. Prioritizing these responsible approaches can lead to improved brand reputation and greater trust with customers and partners, which are crucial for SMB growth.
