CYBER AWARENESS: Reticence to embrace growth technologies leaves UK SMEs lagging

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 …