The diversification and growth of emerging economies, to a large extent, depends upon the success of Small and Medium Enterprises (SMEs). As developing economy governments hasten their efforts to increase revenues from sources such as tourism, agriculture and mineral extraction, due to the current global economic realities, it is important that their efforts also include policies and strategies to empower SMEs through Information and Communication technologies (ICTs).
E-Business and e-Commerce hold great potential and opportunities for small firms to access new and bigger markets. E-Business also presents SMEs with the opportunity to bring about reductions in operating costs by streamlining and integrating processes throughout the business value chain.
Small businesses must be encouraged to innovate and increase the knowledge component of their products – grasping the technology-based tools which now allow them to compete in arenas formerly the exclusive domain of Multi-nationals. This is not simply a “nice to have” feature for the emerging markets; it is a critical requirement to assure the continued relevance of many of these economies.
INFOCOMM Technologies Ltd. knows the lay of the land with regard to enhancing e-Business capacity in emerging markets, especially in regard to SMEs ability to use it as a productivity and revenue generating tool. We have deep insight into the current opportunities and barriers that SMEs face in conducting e-Business. At the same time, we also have presented policy solutions from the perspectives of telecoms infrastructures, e-legislation, e-payments and e-services for the mitigation of barriers to e-Business.
Our portfolio is strong as far as e-Business/e-Commerce policy and strategy analysis and advice for governments, state sector companies/institutions and telecommunications organisations.