(HR on cloud) SAP SuccessFactors Is Known Primarily As A Provider Of HR Suite Of Products For Large Enterprises (LEs), But It Is Slowly But Surely, Is Gaining A Lot Of Momentum In The SMB Enterprises.
How do we define a small and midsize business (SMB)?
This is crucial that before we start our exploration, we first have a common understanding of what we consider as a small and midsize business (SMB).
Gartner defines SMBs by the number of employees and annual revenue they have. The attribute used most often is employees; small businesses are usually defined as organizations with fewer than 100 employees; midsize enterprises are those organizations with 100 to 999 employees. The second most popular attribute used to define the SMB market is annual revenue: small business is usually defined as organizations with less than $50 million in annual revenue; midsize enterprise is defined as organizations that make more than $50 million, but less than $1 billion in annual revenue. Read more……