According to AMI Partners, global analysts of IT, Internet, and Telecom trends in the global Small and Medium Business Marketplace, "in aggregate, small businesses spend almost as much on IT solutions as large firms, but individual small businesses IT resources and budgets are quite modest". The average small-size company [1-99 employees] has either no or maybe one half IT person, with an IT budget of less than $10,000". Lack of time to plan or implement, the cost of implementation, the radically changing technology, limited expertise, and staff training are among the top main barriers that have caused small business to fall behind the Internet band-wagon that started its race ten years ago.
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Small businesses need to learn to be more pragmatic in terms of technology utilization. Over the last ten years huge investments have been made by medium and large businesses in implementing Enterprise Resource Planning (ERP) systems using SAP, PeopleSoft, Oracle, and others. While most traditional ERP systems have helped companies distribute business information internally, they have become obsolete in regards to the Internet -- the ability to share information not just within a company but with suppliers, customers, partners, and share holders. Additionally, these software systems usually require huge IT investments - an unaffordable option for most small businesses.
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