Overall reticence to fully embrace new growth technologies leaves UK Small Businesses lagging behind European counterparts.
New data released by OneAdvanced in their 2024/5 9th Annual Business Tensa report reveals that a strong correlation between several of the biggest challenges faced by UK organisations and their combined impact on greater productivity gains. Organisations are being held back from achieving their goals by a number of factors only a little over a third of UK businesses (35%) are using loud-based solutions to support their business operations, while less than a fifth (14%) operating AI solutions at a strategic level throughout their business. With nearly half (44%) of business leaders in the UK citing boosting efficiency and productivity as their top priority for the coming year, the reluctance to embrace technology risks slowing development among UK enterprises …
