Digital Transformation in SMEs: Challenges, Technologies, and Best Practices

¹Ugwu Jovita Nnenna, ²Silaji Turyamureeba, ²Kule Ashirafu Masudi and ³Tom Ongesa Nyamboga

¹Department of Publication and Extension, Kampala International University Uganda.

²Faculty of Education, Kampala International University Uganda.

³Department of Business and Management Kampala International University Uganda.

ABSTRACT

Small and medium-sized enterprises (SMEs) are vital for economic growth, contributing significantly to GDP, job creation, and innovation. In the era of digital disruption and big data, SMEs must embrace digital transformation to remain competitive. This study examines the current state of digital transformation among SMEs, identifying key challenges and exploring effective technologies and best practices. It highlights the impact of the COVID-19 pandemic on accelerating digital adoption and emphasizes the importance of overcoming resource constraints, budget limitations, and technological gaps. The findings suggest that with appropriate strategies, SMEs can successfully navigate digital transformation, enhancing their operational efficiency and competitive advantage.

Keywords: Digital Transformation, SMEs, Economic Growth, COVID-19, Technological and Best Practices

CITE AS: Ugwu Jovita Nnenna, Silaji Turyamureeba, Kule Ashirafu Masudi and Tom Ongesa Nyamboga (2024). Digital Transformation in SMEs: Challenges, Technologies, and Best Practices. RESEARCH INVENTION JOURNAL OF CURRENT ISSUES IN ARTS AND MANAGEMENT 3(2):49-55.