The impact of digital transformation on SMEs

During the DiHubmt conference organised by the Malta Digital Innovation Authority, The Malta Chamber CEO, Dr Marthese Portelli, highlighted and spoke about some of the challenges SMEs encounter on their digitalisation journey:

• data security

• lack of in-house technology experts

• change resistance by employees

• organizational agility and transformation vision

She said, “If an organization is planning to embark on a digital transformation project, then there are four main areas that it should consider – Process Transformation, Business Model Transformation, Domain Transformation and Cultural/Organisational Digital Transformation.”