Techaisle’s most recent survey data shows that the adoption of artificial intelligence (AI) is likely to increase by 79% within small businesses, 63% in core-midmarket firms, and 53% in upper-midmarket firms. AI has become a priority for 41% of small businesses, 75% of core-midmarket firms, and 79% of upper-midmarket firms. ChatGPT and Large Language Models (LLMs) have recently become the topic of conversations and business usage. When ChatGPT comes up in conversation – especially a discussion focusing on SMBs – the first question will likely be, “How many organizations are using it – and how?” Techaisle extended its artificial intelligence survey to pose the same question to 1872 SMBs. Both small and midmarket businesses forecast a substantial rise in the use of ChatGPT in the next one year. 17% of small businesses, 39% of core midmarket firms, and 79% of upper midmarket firms plan to use systems/tools/other products that embed ChatGPT. Results indicate that ChatGPT penetration within the midmarket, driven primarily by firms with more than 250 employees, will be reasonably robust. However, Techaisle feels that the planned adoption data is likely conservative.
Techaisle Blog
97% of SMBs and midmarket firms consider technology important and integral to business success. As we enter 2023, IT product and service suppliers are looking to create a context for understanding the range of outcomes that the new year may bring. Techaisle has launched its "2023 in Focus" research series to support that effort, which illuminates issues and requirements in the vast SMB, core-midmarket, and upper-midmarket segments. After surveying thousands of SMBs and midmarket firms and having hundreds of depth calls, we see key trends that revolve around:
- Enabling a connected business and business process automation
- Converging on long-term growth, profitability, and innovation
- Prioritizing cloud cost management and security
- Hybrid work but challenges are overwhelming
- Sharpening focus on IT spend for time to value, agility
- As-a-service technology acquisition gaining momentum
Current trends show that Robotic Process Automation (RPA) adoption rates have risen significantly, with many businesses wanting to automate processes to increase efficiency. RPA is a non-invasive technology for making daily operations more efficient, allowing for increased productivity. While larger organizations have started early, smaller businesses have also begun to adopt RPA increasingly. While there is still some misconception that RPA is not so relevant for SMBs. The rise in adoption can be attributed to the fact that RPA technology helps boost productivity, enhance customer and employee satisfaction, improve cash flow, support audit and compliance requirements, and gain a competitive advantage. SMBs rely on efficient workflows and effective systems throughout all processes, and in the SMB space, efficiency is often a critical competitive advantage.
Importance of RPA to SMBs and midmarket firms
SMBs have constraints, such as limited resources and budgets, that demand flexibility. However, because SMBs are agile, they can quickly adopt new technologies with less friction. Large enterprises are generally burdened with complexity and red tape, but SMBs can embrace change and gain immensely by implementing RPA.
1. Technological competitive advantage: SMBs can improve productivity to gain a competitive advantage by automating repetitive and time-consuming tasks traditionally associated with back-end office functions.
2. Real-time tracking: RPA systems can track, analyze, and estimate an organization’s data in real time. Based on the estimates, SMBs can focus on improving their shortcomings and building their strengths. In addition, the data can be accessed anytime when required.
3. Cost reduction: SMBs often have limited resources and are highly cautious about direct and indirect costs. Hiring more personnel increases business costs, but by adopting RPA, SMBs can handle daily operations with lesser dependency on the human workforce.
RPA Use Cases for SMBs
As RPA technology continues to evolve, its applicability across industries, functions, and systems also expands. Here are some of its SMB use cases.
Hybrid cloud is non-optional, security is a priority, automation is critical, and AI platform adoption is when not if. Cloud automation, hybrid cloud orchestration, and cloud cost management are imposing a daunting challenge on the channel. As the cloud adoption landscape continues to shift, each IT supplier has been evaluating and evolving its partner program to drive sales and profitability for its partners. IBM has been working on developing its program since May 2020, when it introduced Build, Sell, and Service tracks. However, the evolution took on urgency after Arvind Krishna, Chairman, and CEO, of IBM, declared the ecosystem as one of the company's key priorities. As a result, IBM has increased its specialized resources by 50 percent and technical resources by 30 percent to support the partner ecosystem. Recently, IBM announced its new program called Partner Plus. IBM PartnerWorld transitioned to IBM Partner Plus experience on January 4, 2023, with the new incentive program taking effect on April 1, 2023.
Enablement, empowerment, ecosystem, and experiences are the unwritten principles driving IBM Partner Plus in transforming the rules of partner engagement. Kate Woolley, General Manager of IBM Ecosystem, says, “A thriving ecosystem is critical to underpin the success of any technology company, and we believe the underpinnings of this must be an open and inclusive ecosystem. We can reach and do more through and with our ecosystem. As a result, we have put our partners at the center of IBM’s go-to-market strategy.”
