Malta Chamber of SMEs and Epic for Business partner to empower SMEs on their digital journey

97% of Malta based enterprises with 10 or more employees rely on Internet connectivity, with speed, reliability, and security the three main concerns for most SMEs

The SME community turned out in droves to the first edition of The Scrum, a networking event organised by Epic for Business and Malta Chamber of SMEs. Conceived and created by Epic, The Scrum is a platform of innovation aimed at SMEs on how to supercharge and be future ready with the best connectivity for their digital transformation. The event was moderated by Malta Chamber of SMEs with contributions from Epic CEO Tamas Banyai and CMO Karl Galea. The panel, mediated by Malta Chamber of SMEs CEO Abigail Mamo, included Professor Alexiei Dingli, Mr. Cain Grech, representing Malta Enterprise, and Mr. Kenneth Rizzo Naudi from Epic’s Business Solutions team.

The event presented an excellent opportunity for SMEs to find out more about the need to create a safe work environment, provide connected experiences, and focus on building more meaningful relationships through personalised communications. During his presentation, Epic CMO Karl Galea demonstrated how smaller firms can use technology to punch above their weight and win the work, presenting findings which yielded some interesting figures. 97% of Malta based enterprises with 10 or more employees rely on Internet connectivity, with speed, reliability, and security the three main concerns for most SMEs. At least 31% of local companies are attacked by cybercriminals at least once a day* and a staggering 1500 cases related to cybercrime are investigated by the Malta Police in just one year**. And finally, the cost of not being online for one day only incurs costs of approximately €1m for Malta’s enterprises.

Building on the presentations, those present went on to discuss how to identify gaps and where to prioritize the processes to digitize. Companies can benefit from funds to audit and implement digital transformation in line with schemes such as Change to Grow by Malta Enterprise. Funding for the SMEs to be future ready is also being provided by the EU as part of its commitment to Malta.

“Today, digital readiness is not an option for businesses, it is a need” said Epic CEO Tamas Banyai. “Epic for Business, our dedicated unit for business customers, offers the right connectivity and managed services to ensure that businesses are future ready.”

This was the first in a series of events aimed at giving businesses the tools they need to take the next step in their digital journey. For more information send an email on