Cloud + mobile = supercharged growth for small businessesIndia’s small businesses aren’t small when it comes to economic impact. They employ over 106 million people, make up almost a quarter of the workforce, and contribute close to half of the nation’s manufacturing output. As the country looks to drive growth, create jobs and increase exports as part of the Digital India initiative, we teamed up with Deloitte to see how cloud and mobile tools could help small businesses support these national goals, and the results are striking.
The new report, “Connected Small Business — UnlockingIndia’s digital potential” finds that businesses that use cloud and mobile tools are more profitable, more innovative, export more and have happier, more productive staff. Compared to offline businesses, those that use cloud and mobile tools grow 27% annually, are four times more innovative and are 65% more likely to be exporting.