What is small to medium enterprise (SME)? - Definition from WhatIs.com

Definition

small to medium enterprise (SME)

1) SME (small-to-medium enterprise) is a convenient term for segmenting businesses and other organizations that are somewhere between the "small office-home office" ( SOHO ) size and the larger enterprise . The European Union has defined an SME as a legally independent company with no more than 500 employees.

2) SME also stands for the Society of Manufacturing Engineers.

This was last updated in March 2011
Posted by: Margaret Rouse

Related Terms

Definitions

  • edge analytics

    - Edge analytics applies algorithms to data at the point of collection in order to trigger actions and determine what should be sent back to a central data repository and what should be discarded. (SearchBusinessAnalytics.com)

  • Hadoop as a service (HaaS)

    - Hadoop as a service provides organizations with big data analytics capabilities that are deployed and managed through a third party. This lets organizations without in-house expertise use the compl... (SearchCloudStorage.com)

  • fast data

    - Fast data is the application of big data analytics to smaller data sets in near-real or real-time in order to solve a problem or create business value. The goal of fast data is to quickly gather an... (WhatIs.com)

Glossaries

  • Business intelligence - business analytics

    - Terms related to business intelligence, including definitions about business analytics and words and phrases about gathering, storing, analyzing and providing access to business data.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question About small to medium enterprise (SME)Powered by ITKnowledgeExchange.com

Get answers from your peers on your most technical challenges

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.