Feeds

Net saves SMEs £4bn a year

What would we do without it?

  • alert
  • submit to reddit

Build a business case: developing custom apps

The Internet saves small businesses in the UK more than £4bn a year, according to research published today to mark the start of the Internet World conference and exhibition in London.

The research found that seven out of ten of all small businesses in the UK have invested in the Internet. Those behind today's study reckon this shows that despite difficult economic times, companies have continued to invest in their future.

Over the last two years each company has spent just under £5,000 on developing Internet-enabled systems for their businesses.

In return for that investment, companies have saved five man-hours per day – a saving of around £14,500 for each company a year.

In total, the research estimates that Net technology has saved the UK’s SMEs more than 378 million man hours – a saving of around £4bn a year.

Tom Ward-Lee, director of Internet World, believes these figures reveal exactly the kinds of benefits small businesses can get from the Net.

"Though we have come a long way in the last ten years, through continuing to place technology at the heart of business, these substantial savings will be simply the tip of the iceberg," he said.

Which is nice. ®

Next gen security for virtualised datacentres

More from The Register

next story
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Premier League wants to PURGE ALL FOOTIE GIFs from social media
Not paying Murdoch? You're gonna get a right LEGALLING - thanks to automated software
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Online tat bazaar eBay coughs to YET ANOTHER outage
Web-based flea market struck dumb by size and scale of fail
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Ballmer quits Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.