Medium-sized companies are the backbone of economies. Digitalization offers medium-sized companies tools that will leverage business and help them remain competitive among less technical peers.
- In the UK there are 35,600 medium-sized companies. They contribute to the employment of about 3.5 million people, 12.5% of the total working population. They make up over 15.4% of the total turnover, about £600 billion.
- In Israel medium-sized businesses are estimated at 3.1 % of the business population, about 20,000 companies. They employ no less than 20% of the whole working population, which is about 700,000 employees.
- In the USA there are about 200,000 mid-sized companies. They contribute to the employment of about 50 million people. It is estimated that one company’s revenue is between $10 million to $1 billion.