Digital Transformation in Small and Medium Enterprises: Challenges and Opportunities                                                                    

Olara Obbo J.

Faculty of Business and Management Kampala International University Uganda

ABSTRACT

Digital transformation (DT) is reshaping business landscapes, offering significant advantages through technological advancements and data-driven processes. While extensively studied in large enterprises, DT in small and medium enterprises (SMEs) remains underexplored despite their substantial presence and economic impact, particularly in Europe and Malta. This paper aims to highlight the unique challenges and opportunities faced by SMEs in the context of DT. By reviewing current literature, international policies, and data from Maltese SMEs, the study identifies key barriers and facilitators of DT implementation. Additionally, it proposes areas for further research and policy recommendations to support SMEs in harnessing DT for competitive advantage, innovation, and growth.

Keywords: Digital Transformation (DT), Small and Medium Enterprises (SMEs), ICT Challenges, Innovation, Economic Development.

CITATION: Olara Obbo J. Digital Transformation in Small and Medium Enterprises: Challenges and Opportunities. Research Output Journal of Education, 2024 3(2):26-29.