Feeds

IT's so hard, say SMEs

Can't live with it, can't live without it

Intelligent flash storage arrays

Small businesses are finding it hard keep pace with changes in technology. At the same time, though, SMEs accept that IT is of value even if firms are not even able to make full use of it.

This mixed picture comes from a survey by Lloyds TSB Business and the Open University which found that Britain's small firms are proving sluggish in embracing new technology.

The study found that a quarter of small firms find it hard to keep pace with technological change, while a fifth said that IT has taken the 'personal touch' out of working relationships. The study also showed that IT skills need to be improved.

At the same time, two thirds of SMEs admitted they would not be able to operate without their current level of investment in IT, while almost half recognised that spending on technology was vital if their business was to remain competitive.

Stephen Pegge, head of Communications, Lloyds TSB Business, warned: "If small businesses fail to invest for the future, they may not meet customers' expectations and could find they are soon overtaken by more efficient and more productive competitors. It's part of our responsibility as a bank to help small firms make the best use of technology to maximise their potential." ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Bladerunner sequel might actually be good. Harrison Ford is in it
Go ahead, you're all clear, kid... Sorry, wrong film
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Euro Parliament VOTES to BREAK UP GOOGLE. Er, OK then
It CANNA do it, captain.They DON'T have the POWER!
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
Forget Hillary, HP's ex CARLY FIORINA 'wants to be next US Prez'
Former CEO has political ambitions again, according to Washington DC sources
prev story

Whitepapers

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.