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  • Financial Express

80% of startups see ‘substantial’ revenue jump on the back of enterprise tech adoption: SAP India-Zi

Enterprise adoption among startups: A SAP India-Zinnov Digital study of 115 Indian startups on Wednesday said that more than 80 per cent of startups in the enterprise-tech, health-tech, retail, logistics and auto-tech have reported a ‘substantial increase’ in revenue, highlighting the benefit of enterprise applications on a startup’s performance.

On the other hand, around 68 per cent of respondents reported a ‘strong growth’ in revenue after adopting enterprise technology solutions, leading to an increase in their valuations while around 74 per cent reported ‘direct benefits’ from implementing enterprise applications, according to the survey ‘Driving the Next Phase of Sustainable Growth for Indian Startups in 2023 and Beyond.

Read more at Financial Express

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