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Digitalization plays a big role in general trade stores or small-medium businesses in growing and expanding their market. Following the best practice can impact speed and efficiency across all trading activities.
In 2019 reports by Kominfo (Ministry of Communication and Information Technology), UKM (SMEs) in Indonesia reaches around 59,2 million entities. However, only 18% of the businesses nationwide are using technology. That means only 3,9 million SMEs are starting to digitalize their system to beat their competition on the market.
Digitalization for Everyone
By now most businesses know the trend around digital transformation. However, digital transformation is different by means for every business. While enterprises are thinking about artificial intelligence and machine learning, that is not the only path to digital transformation.
As the world is becoming more data-driven, digital resources are now more accessible and affordable from all sizes and types. SMEs today can simplify their business process by leveraging the latest technology. Take, for example, transforming from a paper-based system to digital mobile solutions that will provide visibility for the entire company. Now, business owners don’t need to spend a lot of hours on tedious work and can start focusing on setting up the best strategy.
Best Practices to Digitize Your Business :
Set Your Goals First
Technology as a Tool
Make the Data Usable
Choose the Right Technology