it for smes: trends and opportunities - ict for small business, smbs

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Vadim Kotelnikov Information and Communication Technology for Small and Medium-sized Enterprises Trends and Opportunities 1000ventures

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"ICT for SMEs: Trends and Opportunites" is a chapter from the free e-course "ICT for SMEs". Other chapters are published here: http://kotelnikov.biz/coach/ict_4sme.html

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Page 1: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Vadim Kotelnikov

Information and Communication Technology for

Small and Medium-sized Enterprises

Trends and Opportunities

1000ventures

Page 2: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Customer-driven economy

Rapidly changing business

environment

Creativity-driven entrepreneurial

economy Globalization

Shortening life cycle of products

and services

Page 3: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

1000ventures

ICT-powered Creative and innovative

Opportunity-driven

Empowered people

Extended enterprise

Engaged customers

Page 4: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

1000ventures

Changes in customer

needs

Changes in technology

Opening up of new geographical

markets

Changes in government regulations

Page 5: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Heavyweight Lightweight

Acquisition Subscription

Individual work Collaboration

Data silos Data anywhere

Fixed office Flexible office

Desktop-fixed device Bring your own device

Customer service Customer engagement

From To

Page 6: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs
Page 7: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Source: Lessons on Technology and Growth from Small-Business Leaders, BCG, 2013

• Grow well above the rate of GDP growth Growth

• Outpace other SMEs in revenue growth Revenue

• Employ more people, especially skilled ones Workforce

• Manage their employees with less effort and more effectively

Management

• Are more likely to have geographically disperse customers

Customers

Page 8: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Organization

• More flexible infrastructure

• Enhanced business intelligence and information management

• Better and faster decisions

Production

• Higher efficiency

• Leaner value chain

• Higher employee engagement

• Reduced costs

Customer

• More effective and efficient marketing programs

• Streamlined order fulfillment

• Improved customer service

1000ventures

Page 9: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Market Learning

Supply Chain

Production Processes

Marketing and Selling

Customer Service

Market Intelligence

Business Intelligence

Test Marketing

Online Search

e-Procurement

Co-innovation

Staying in Touch

Getting Feedback

Outsourcing

ICT-powered Marketing

Customer Engagement

e-Commerce

Automation

Suggestion Systems

Virtual Teams

1000ventures

Page 10: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs
Page 11: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

50+%

Web application hosting

Business communication

E-mail

40+%

Testing and development

Data protection, backup, and archive

20+%

Business continuity

Business intelligence

Remote office

Page 12: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Cloud Computing: Software as a Service (SaaS)

Faster implementation time

Easiest to deploy to employees

Best functions

Low price

Page 13: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Management Accounting

Financial Accounting

Human Resources

Project Management

Supply Chain Management

Manufacturing

Customer Relationship Management

Data Services

1000ventures

Page 14: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Source: a 2013 survey by Mint Jutras

23%

19%

19%

18%

18%

16%

15%

Improvement on time delivery

Savings on operating costs

Inventory costs savings

Savings on obsolete inventory

Reduction in cycle time

Increase in toal product output

Savings in administraion costs

Page 15: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Search Engine Marketing

Social Media Marketing

Content Marketing

Affiliate Marketing

e-Mail Marketing

SMS Marketing

Ad Targeting

Augmented Reality

1000ventures

Page 16: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Social Media Marketing (SMM)

Facebook

LinkedIn Google+

SlideShare Twitter

YouTube

Fun4Biz

Page 17: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Focused and Lean Data Analysis

Uncover new insights by combining internal

and external data

Understand market and technology trends

and patterns

Devise and fine-tune effective marketing

strategies

Do deeper analysis of online sales and

trends

Key

Benefits

Page 18: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Invest in new technologies in a

smarter, more profitable way

Assess the value of technologies in a smart way

Use online tools to harness corporate

capabilities

Approach technology vendors for

advice & support

Focus on their core competence

and outsource the rest

Create innovative business

combination and customer value

Leverage new tools with

flexible payment models

Use Web-based tools to manage their dispersed

workforce

Innovate, experiment, and

embrace new business models

Page 19: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

1000ventures

Page 20: IT for SMEs: Trends and Opportunities - ICT for Small Business, SMBs

Vadim Kotelnikov

Information and Communication Technology for

Small and Medium-sized Enterprises

1000ventures

Discover more!