European SMEs Prioritize AI Over Essential Digital Tools, New Study Reveals

Reported about 15 hours ago

A recent study shows that European small and medium-sized enterprises (SMEs) are focusing on artificial intelligence (AI) systems at the expense of basic digital tools, endangering their competitiveness against larger firms. While 46% of SMEs utilize AI daily, many lack fundamental digital infrastructures like accounting and data management, leaving them unprepared for digital transformation. The findings indicate a critical need for these businesses to establish strong digital foundations to support future growth and innovation.

Source: YAHOO

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