Some 84% of the IoD members questioned cited technology as driving their business forwards, with 74% stating productivity as the main reason for this investment.
Almost two-thirds use wireless technology and 25% have a wireless LAN (local area network).
‘Once they [SMEs] can see the bottom line business advantage, they are fleet of foot in grasping the opportunities offered by information communication technology – such as mobile working,’ according to Jim Norton, senior policy advisor to the IoD.
Almost two-thirds of respondents said that data security was a significant worry, and over half are concerned about their disaster recovery plans.
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Top 50+50 firm Begbies Traynor recorded pre-tax profits of £4.5m for the year, boosted by its property services unit, despite seeing insolvencies drop to its lowest level since 2004.
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