The initiative is from the IDB LAB together with the IDB and the National Development Agency, and seeks to contribute to the digitalization of small and medium-sized companies.
The innovation laboratory of Inter-American Development Bank Group (IDB Lab) next to IDB Yet the National Development Agency (ANDE) They launched the Data Economy program for small and medium-sized companies (SMEs) of Uruguay, with the aim of improving its competitiveness through improvements in its digital transformation.
This new program has been available since Thursday for Uruguayan SMEs who seek to improve their levels of digitization and thus continue advancing in an increasingly technological and competitive market. This is the function of Data economy: deepen the digital transformation of small and medium-sized companies through the development of strategies and skills for the productive and secure exploitation of data, an increasingly indispensable input in the new dynamics of commerce and consumption as well.
As explained by the team that leads the program, this initiative “seeks that a group of Uruguayan companies, which have a certain degree of digital maturitycan benefit from the use of data, develop capabilities and competencies that allow them to deepen their digital transformation processes turning data into business opportunities”.
A new tool for the digital transformation of SMEs
The launch of the Data Economy program is one more tool within the Digital Mode Program carried out by ANDE together with the IDB since 2022, which seeks to promote the digital transformation of micro, small and medium-sized companies (MSMEs). All of these initiatives, in turn, are based on a focus on auto diagnosis and provide various tailored support tools to businesses that want to continue growing in the digital environment.
“The objective is that Uruguayan companies can implement transformations, through the adoption of digital technologies that allow you to improve your performance, sell more, manage, work and produce better,” ANDE noted. In this sense, the agency highlighted its participation as a local partner of the Data Economy program, since “it is a key opportunity for complementarity to ensure that the most advanced companies in their digital transformation process can develop the data intelligence”.
Source: Ambito
