Whether a start-up or an existing small business, they have realized that modern technologies empower them to be on the same platform as that of medium/large enterprises or the multi-national companies. Though some SMB’s are reluctant to introduce technology in their enterprises, many start-ups have shown interest in leveraging the latest technology to cut on the IT operational costs and … Continue reading
India recently introduced the National Manufacturing Policy (NMP), which has been welcomed by the Confederation of Indian Industry (CII). The policy provides special emphasis on the micro, small and medium enterprises (MSMEs). According to CII, the NMP provides for adequate support to promote and strengthen employment-intensive industries to ensure job creation, with special attention to textiles and garments; leather and … Continue reading
“SMEs will have to adopt HR best practices in order to grow. It is the entrepreneurs who will have to take his/her employees along and make them an integral part of the enterprise through such best practices.” Arvind Joshi, president – human resource, Dishman Pharmaceuticals & Chemicals Ltd. Small to medium businesses are the back bone of any economy because … Continue reading
“Be paranoid about data. You can buy new boxes, rebuild the systems, reinstall software etc., but you cannot rebuild lost data” – Steve Burrows, IT director of Vanilla Group state in a column for Computer Weekly. Any small to medium enterprise that is not willing to invest in data backup is at risk of losing their data. Losing important information … Continue reading
Small and medium enterprises (SMEs) are the backbone of any modern economy. So are the trade cycles. During the recent recession, Asian economies came out with minor bruises here and there, whereas the European economies and those of the Americas had a tough time. In general, during the recent economic downturn, business sectors around the globe panicked and the world … Continue reading
IT stalwarts and industry bigwigs constantly keep echoing a common statement ‘Cloud Computing is a boon for SMEs and it is the technology of the future’. For Small and medium enterprises (SMEs), who are the agents of growth, Cloud Computing offers a promising IT infrastructure support, especially to those who are planning to grow big and expand existing operations. You … Continue reading
