Local SMEs beat large companies in tech uptake

Small and Medium Enterprise (SME) firms have overtaken large companies in the use and adoption of technology in East Africa. PriceWaterhouseCoopers (PwC) Kenya revealed in a survey that over 60 per cent of respondents during the CIO100 Survey 2014 said most technologies were being used in projects for the first time.

The report further notes that innovation was mostly executed in mobile or wireless technology, databases or data warehousing and virtualisation of servers. Speaking during the announcement Muchemi Wambugu, partner/director PwC said unlike others, the survey says most companies — especially the SMEs have increased their investments in, and uptake of, technology — in a bid to have an edge in business processes.