BusinessCompany NewsTechnology a ‘key factor’ for SMEs

Technology a 'key factor' for SMEs

The vast majority of SMEs consider technology to be a key factor to growing their business, according to research conducted by Dell in conjunction with the Institute of Directors.

Link: Revenue to blame for SME woes, say FDs

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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