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J·BJon BishopIndependent growth marketer

AI · Econometric analysis of cross-sectional Flash Eurobarometer 486 survey data.

Artificial intelligence adoption and revenue growth in European SMEs: synergies with IoT and big data analytics

Internet Research · 2025

Lorenzo Ardito, Raffaele Filieri, Elisabetta Raguseo, Claudio Vitari

Summary

The study reports a positive association between AI adoption and revenue growth above 30%, with stronger growth associations when AI is implemented alongside IoT or big-data analytics.

For your marketing

Possible founder application

Position AI as part of a complementary data stack; assess whether customers have IoT/data-analytics assets and avoid presenting the observational revenue relationship as a guaranteed causal ROI.

Reported result

What the study found

The study reports a positive association between AI adoption and revenue growth above 30%, with stronger growth associations when AI is implemented alongside IoT or big-data analytics.

Research question

What the authors investigated

How is AI adoption associated with SME revenue growth, and do IoT and big-data analytics act as complementary assets?

Design

Econometric analysis of cross-sectional Flash Eurobarometer 486 survey data.

Sample and setting

11,429 European SMEs with 1-250 employees; telephone interviews with knowledgeable top- or middle-management respondents.

Scope and transfer

Limitations to keep in view

The survey is cross-sectional, does not track adoption over time or investment intensity, uses self-reported revenue-growth measures, and cannot establish causality; joint adoption of all three technologies was too rare to analyze.

Research sources

Fetched Emerald publisher page establishes open-access metadata, DOI, authors, 11,429-SME sample, econometric design, result summary, and explicitly listed limitations. Firecrawl research job 01a1436c-f86b-77df-af1c-9a2f87e3535e returned this citation and metadata.

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