Microsoft Study: Small and medium-sized businesses growing fast by embracing digital technologies
![](https://blogs.microsoft.com/wp-content/uploads/prod/2022/09/resized-HERO_Cropped-M365CO19_SMB_077-1024x650.jpg)
With an estimated 400 million SMBs operating worldwide, small and medium-sized businesses account for 99% of global organizations. SMBs are the main source of job creation. And according to the International Labor Organization, by some estimates, SMBs contribute well over half of GDP. With that kind of scale and impact, SMBs need the ability to innovate to thrive in a digitally enabled economy. Increasingly, technology is the solution. Microsoft studied the impact of technology on business growth and shared its findings in the report, "Microsoft SMB Voice and Attitudes to Technology Study 2022." Read this blog for a summary.