Almost half of the UK’s small and medium-sized businesses (SMBs) plan to increase their IT investment despite rising costs, a survey from Sharp has revealed. The study, which talked to more than 5,700 European SMBs, including 502 British firms, found that almost half would invest more in IT in order to explore new technologies and maintain productivity. Respondents cited areas such as hardware upgrades, IT security and server updates as key investment priorities, with many SMBs also planning cloud migration projects to improve remote working capabilities. However, UK businesses are more aware of the costs of living than those in other countries, and are less bothered about talent acquisition and retention.
Sharp is a Japanese multinational company that designs and manufactures electronic products. It produces copiers, printers, televisions, mobile phones, and other electronic devices. Sharp developed the world’s first LCD calculator in 1973.
Stuart Sykes is the Managing Director of Sharp UK. Since 2009, Stuart Sykes has been leading Sharp’s UK headquarters in Crockford Bridge, West London. Sykes has over 20 years of experience in the electronics industry, holding various leadership roles with Sharp throughout Europe.
