The discussion took place at at Innovation Summit Barcelona and was chaired by CNBC's Steve Sedgwick.
Today's small and medium enterprises are creating websites, using social media and utilizing other technologies.Thomas Barwick | Stone | Getty Images
"I don't think that, today, it should be a problem… today the technology is not so expensive," Javier Garcia Lluis said during the discussion at Innovation Summit Barcelona, which was chaired by CNBC's Steve Sedgwick. Garcia Lluis' sentiments were echoed by the CEO of another Spanish firm, Cyberclick. David Tomas was asked by Sedgwick whether he agreed that access to capital wasn't a barrier. "I totally agree," he said. "I agree with the idea that technology is not as expensive as it used to be."
It is the case that today's SMEs – small and medium enterprises – are creating websites, using social media and utilizing technologies such as contactless payments to publicize their offerings and streamline operations.
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