Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2014-09-16

90% of Indian SMEs eyeing cloud solutions to improve efficiencies

The rising ambitions of SMEs and the expectations of the market itself are forcing them to completely reconsider traditional business models and adopt cutting edge technologies like cloud.

SMEs in India are increasingly looking to the cloud, analytics and mobile solutions to improve operations and become more efficient, according to a new research report by Circle Research sponsored by SAP.
 
 
The rising ambitions of SMEs and the expectations of the market itself are forcing them to completely reconsider traditional business models and adopt cutting edge technologies like cloud, according to the research study.
 
 
The research yielded four key findings. First, SMEs recognise the value of cloud and have begun their transition. Ninety per cent of SMEs in India feel cloud adoption is increasingly important for enabling business success. The adoption of cloud is helping them to innovate. Additionally, 87 per cent of very ambitious Indian SMEs believe enterprise applications, analytics and mobile solutions will play an important role in achieving their ambitions.
 
 
Second, SMEs in India are ambitious and want to be first adopters of new technologies. The biggest single ambition for SMEs in India is customer success (44 per cent), followed by 34 per cent who are keen on achieving growth and 12 per cent for business improvement.
 
 
Third, for Indian SMEs, growth is primarily driven by new products -- 76 per cent of those for whom achieving growth is an ambition give high importance to introducing new products, while 74 per cent focus on increasing revenue.
 
 
Finally, Indian SMEs are showing good progress in being market-ready. On average, Indian SMEs are 77 per cent of the way along in their journey to being ready for achieving their growth ambitions.
Related opportunities
  • Aviation & Hospitality Training Institute
    About Us: WHY AVIATION HOSPITALITY AND MANAGEMENT? Aviation is one of the..
    Locations looking for expansion Delhi
    Establishment year 2003
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required 1000
    Franchise Outlets Less than 10
    Franchise Type Unit, Multiunit
    Headquater New delhi Delhi
  • Casual dine Restaurants
    Café Udupi Ruchi, is a restaurant which will provide the..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Rural District Karnataka
  • About Us:  TBSE" aspires to expand its presence in the PBCL..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Others Food Service
    About Us: World of Tortilla's is an established Mexican chain with..
    Locations looking for expansion New delhi
    Establishment year 2015
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New delhi New delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts