Strategy for ICT Adoption in SMEs

Abstract

Adoption of ICT can help SMEs cut costs by improving their internal processes, improving their product through faster communication with their customers. In retrospect, even with such information as indicated above, and the importance of ICT as an enabler to other sectors and to economic development having long been recognized, SMEs seem slow in its adoption and use as compared to other sectors. While there has been growth in ICT use by large enterprises to gain a competitive edge, there is little evidence of its adoption and use by SMEs which continue to be faced by limited access to information and markets. As a result of this phenomenon, the study into deterrents of ICT adoption by SMEs is warranted. By adopting descriptive research design, the study employed stratified random sampling technique, the target population for the study being auto components manufacturing SMEs within Pune region in India.