Hong Kong SMEs' Willingness to Embrace New Technologies Outweighs Challenges, HSBC Survey Reveals

Thursday, 21 March 2024, 05:00

Despite the costs and skills gap, Hong Kong SMEs are enthusiastic about adopting AI, robotics, and other advanced technologies, according to a recent HSBC survey. The survey highlighted that while SMEs recognize the benefits of new technology, they are struggling to bridge the gap between understanding and implementation.
https://store.livarava.com/2e7c2680-e740-11ee-968e-5254a2021b2b.jpe
Hong Kong SMEs' Willingness to Embrace New Technologies Outweighs Challenges, HSBC Survey Reveals

Hong Kong SMEs and Technology Adoption

SMEs in Hong Kong are eager to integrate advanced technologies like AI and robotics into their operations as they see the potential benefits.

Challenges Faced

  • Costs associated with acquiring and implementing new technology.
  • Skill gaps in effectively utilizing advanced tech.

Survey Findings

  1. Positive Outlook: SMEs believe in the advantages of new tech despite existing challenges.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe