Europa Posted on 2024-11-15 17:30:00

European SMEs are far behind in digitization, reveals the Eurostat report!

From Edel Strazimiri

European SMEs are far behind in digitization, reveals the Eurostat report!

Only 58% of EU SMEs have achieved a basic level of digital services, a whopping 32 percentage points behind the target set by the EU Commission for 2030.

European businesses are struggling to evolve digitally.

Only 58% of the small and medium-sized enterprises that make up the vast majority of businesses in the EU have achieved a basic level of digital services, Eurostat reports.

This is far from the target of 90% by 2030, set by the EU.

Large enterprises, that is, those with at least 250 employees, fare much better: 91% have achieved a basic level of digitization.

Overall, the countries with the most businesses at a "very low level of digital intensity" are Romania (72.1%), Bulgaria (70.6%) and Greece (56.2%).

At the opposite end of the spectrum (very high level of digital intensity) are Finland (13.0%), Malta (11.4%) and the Netherlands (11.0%).

What does 'digital intensity' mean?

The Digital Intensity Index (DII) is an indicator used by the EU to determine the level of digitization of a business.

Having a "basic level of digital intensity" means using at least four of 12 digital technologies such as artificial intelligence, social media, cloud computing and Customer Relationship Management or having e-commerce sales of at least 1% of the total turnover.

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