New research from SME expert IONOS, has found that while UK SMEs consider digitalisation to be important for the future viability of their business, there are growing concerns around the cost of living crisis, shortage of skilled workers and increased threat of cyberattacks.
IONOS, in partnership with YouGov, polled 1,004 UK SMEs to understand where digitalisation is tracking in terms of business priorities, the factors considered necessary for driving business forward and any key challenges holding it back.
The research found that digitalisation was crucial for future growth – 79 per cent of SMEs in the UK consider digitalisation to be important for the future viability of their business, with the three top benefits including presence and ease of discovery on the internet (78 per cent), creating a modern image (76per cent) and the ability to win new customers (72 per cent).