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Study reveals 65% MSMEs struggle with AI tools, resources. #AwarenessGap

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A recent study has revealed that 65% of Micro, Small, and Medium Enterprises (MSMEs) are struggling with access to artificial intelligence (AI) tools and resources. The study highlights an awareness gap among MSMEs when it comes to utilizing AI technology in their businesses. This lack of access to AI tools and resources is hindering the ability of MSMEs to leverage the benefits of AI in improving their operations and competitiveness.

The study underscores the importance of bridging this awareness gap and providing MSMEs with the necessary support and resources to adopt AI technology. By increasing access to AI tools and resources, MSMEs can enhance their decision-making processes, streamline their operations, and drive innovation in their businesses. Additionally, leveraging AI technology can help MSMEs stay competitive in an increasingly digital and data-driven business environment.

Overall, the study highlights the need for greater education and support for MSMEs in adopting AI technology. By addressing the awareness gap and providing MSMEs with the tools and resources they need, businesses can unlock the full potential of AI in driving growth and success.

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Source link: https://businessworld.in/article/awareness-gap-65-msmes-struggle-with-ai-tools-resources-study-reveals-524639

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