Meaning ● Technological Divide in the context of SMB growth pertains to the differential access and adoption rates of advanced technologies among small to medium-sized businesses. This divide influences the ability of certain SMBs to leverage automation and implementation strategies effectively, thereby impacting their competitive positioning. ● It often stems from variations in capital availability, technical expertise, and awareness of technological solutions which further hinders operational advancements for under-resourced businesses. Scope ● For SMBs, the scope includes the development and implementation of strategies designed to bridge this gap through training initiatives and incentivizing adoption of technologies that lead to increased automation. ● It involves investment decisions regarding technological infrastructure to enhance operational efficiencies. ● The scope also considers digital literacy programs to ensure that all employees possess the capabilities needed to harness newly adopted technological resources effectively, directly influencing implementation strategies and the potential for growth, fostering inclusive business development. ● A key part of the scope is identifying suitable automation solutions and integrating them seamlessly within the existing SMB infrastructure to drive greater productivity.
