Meaning ● SMB Technology Challenges represent the obstacles encountered by small and medium-sized businesses when leveraging technology to facilitate growth, automation of processes, and the successful implementation of new systems. ● These hurdles range from limited financial resources hindering investment in advanced IT infrastructure to a scarcity of skilled personnel capable of managing and maintaining complex technological solutions. ● Furthermore, SMBs often face difficulties in selecting the appropriate technology that aligns with their specific business needs and scalability goals, potentially leading to wasted investments and operational inefficiencies. ● Another common challenge involves integrating new technologies with existing legacy systems, which can disrupt established workflows and require costly custom development.
