Tel: (01) 901 1310

menu

Covid-19 & the SME Sector: Vodafone Report

Vodafone Ireland recently commissioned a report to investigate the impact of COVID-19 on Irish SMEs. It highlights SME investment plans, the opportunities & challenges they are currently facing, digitalisation &, the role of technology for future growth.

Share Post:

Share on linkedin
Share on twitter
Share on facebook
Share on email

Vodafone Ireland recently commissioned a report to investigate the impact of COVID-19 on Irish SMEs.

It highlights SME investment plans, the opportunities and challenges they are currently facing, digitalisation, the role of technology for future growth and the policies that will underpin and support SME recovery post COVID-19.

Despite many partial or full closures during lockdown, SMEs remain positive about their future.

Economist Stephen Kinsella assisted with the report, the purpose of which was to examine Ireland’s SME sector in three ways. First to gauge the extent of SME reaction to COVID-19 and Brexit, and understand how technology usage has changed in reaction to this crisis. Second to place Irish SMEs in their European context. When it comes to technology adoption, innovation, and adapting to the future, how do they compare? Third to understand what policy supports can best help SMEs prosper in a post-COVID world.

Some takeaways from the report:

  • 70% suffered a full or partial closure of their Business due to lockdowns
  • 75% experienced a reduction in financial performance
  • 50% anticipate growth in the next two years
  • 43% claim they could not have functioned productively without investment in technology

 

Read the full report here

Quick Contact - Or Call: 01 9011310

Sign Up To Our Latest Transmission

To be sent automatic updates to our latest news articles, please fill in your details.

More News

Leadership

Do You Feel Stuck Trying To Grow Your Company?

Good leadership is vital for organizational success, but even good leadership can be an obstacle. Successful leaders often struggle with a few common issues: difficulty trusting others, identity and worth and self-discipline.

Warehouse Management

12 Tips for Keeping a New Warehouse Organized

If you want to serve your customers quickly and efficiently, you’ll need a good system of organization in place. But with potentially thousands of items to keep track of, dozens of people to hire, entire systems to build from the ground up, how are you supposed to do it?

The Business Troubleshooters Ltd.

Dublin

Carlow

Cork

Ⓒ 2020 - All Rights Are Reserved

Sign Up To Our Latest Transmission

Dublin

3013 Lake Dr,
Citywest Business Campus,
Dublin, D24 PPT3
Tel: (01) 901 1310

Carlow

Enterprise House,
O’Brien Road,
Co. Carlow, R93 YOY3
Tel: (059) 910 0440

Cork

Acorn Business Centre,
Mahon Industrial Estate
Blackrock,
Cork, T12 K7CV
Tel: (021) 2021130

Share on linkedin