Only 45% of organisations said they were generating sales through e-commerce now, but a further 46% of the 332 UK firms questioned expect to join them within the next two years, according to the report.
UK firms were found to be ‘enthusiastically planning to shift their business towards electronic trading’, according to an official at Reed Exhibition Companies, who carried out the survey.
Currently only 6% are generating more than 40% of sales over the internet, however in the next two years 25% are expecting more than 40% of their sales to be generated over the internet.
The most common technologies and solutions that companies are looking to implement are Web Design, followed by Customer Relationship Management (CRM), Internet Hosting Solutions, Content Management and then Application Service Providers.
The Survey also revealed 83% of companies have a website, with 50% using their site as a marketing tool.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union