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Digital Transformation of Small Businesses Could Contribute Billions to the Economy

Photo by John Schnobrich on Unsplash

Digitalisation can bring many benefits for New Zealand businesses, including increased productivity, innovation, and better sustainability – and now a new report estimates it could potentially boost the country’s GDP by billions of dollars.

The NZIER research, commissioned by small business platform Xero, found a 20% increase in the number of companies adopting cloud-based digital tools could add $7.8 billion to the economy each year.

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