• ABOUT US
    • History
    • Our Team
    • Advertising
    • Subscription
  • CONTACT US
Georgia Today
No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
No Result
View All Result
Georgia Today
No Result
View All Result

Technophobia Threatening the Future of SMEs

by Georgia Today
May 24, 2023
in Business & Economy, Magazine
Reading Time: 3 mins read
Small and medium UK businesses are being held back post-pandemic by a reluctance to adopt new technologies, experts have warned.
Experts from TelephoneSystems.Cloud have warned that the future of many SMEs is at risk after the pandemic accelerated technological change across the wider business sector.
They warn that thousands of small and medium sized UK businesses are having difficulties adapting to these changes, with many finding their businesses are struggling as a result.
Now, experts are encouraging SMEs to come to terms with their technophobia and to adopt new innovations such as cloud and VOIP technologies.
Those failing to evolve with the digital landscape are losing out on valuable business because of their fear of change and reliance on outdated systems.
Communications experts say that fear of new technology is still deeply rooted in many leaders, who are deterred by a lack of in-house tech knowledge and resistance to intimidating change.
Thousands of UK businesses are failing to adapt and introduce new technology, meaning they are at serious risk of falling behind
Juliet Moran, from TelephoneSystems.Cloud said: “Technology may seem scary, but decisions should never be based on what leaders are comfortable with.
“Rather, the decision to change should be based on what will most benefit a company, aka the effectiveness of a system for operations, efficiency, and profitability.
Source: Apptivo
Source: Apptivo
“The business owners that have seen earlier technological opportunities have had the advantage of accessible and streamlined systems and are now taking huge strides in the post-Covid climate,” she says.
“It can be used for many benefits, including expanding the customer base, improving internal and external services, minimizing admin, optimizing markets, and streamlining communication threads.
“There was once a time when people only shopped on the high street and watched movies on video cassettes, but with time these industries have transformed, and the companies that didn’t adapt and embrace the change were left behind,” Moran adds.
“This will be the case for SMEs failing to keep up because new technology has been proven to revolutionize business operations.
“Being on the wrong side of the digital divide will only continue to have negative implications for businesses as success continues to balance on their ability to modernize,” Moran concludes.
Experts are urging SMEs to come to terms with their ‘technophobia,’ else lose out on significant business opportunities because of their fear of change and reliance on outdated systems
The business world drastically changed during the pandemic and traditional working methods were questioned more than ever when lockdowns left millions without sufficient technology or software to work away from the office.
Juliet Moran from TelephoneSystems.Cloud
Juliet Moran from TelephoneSystems.Cloud
Recent research has revealed that 48% of SME leaders in the UK still lack a tech investment strategy. Meanwhile, over 50% of small and medium-sized enterprises have accelerated their digital transformation since the pandemic, and those failing to adapt are now falling behind.
The success of markets like cloud computing since the pandemic has demonstrated that technology can be used within businesses to reduce costs, while improving overall efficiency and productivity.
The cloud market is estimated to have reached almost 400 billion pounds worldwide in 2022, as more businesses realized these technologies make work easier and more cost-effective, not harder or more expensive.
In spite of this, there are still myths within traditional workplaces that concepts like “cloud computing” are too complex, and they’d rather stick to what they know best. Fear of change and a lack of technical knowledge is now incredibly destructive for a business.
Without innovating with technology, businesses will fall behind. Finding technology partners that can help assist with the continual change can be really helpful for the SME business.
It is important to understand that today, nothing is static with technology. Businesses need to embrace the idea of continual change and innovation, overcome fear, and build it into their way of working.
To find out more about new communications technology for small and medium businesses please visit: https://telephonesystems.cloud/how-cloud-phones-work/
By Vicky Sales for motivepr.com
Tags: SMEstechnophobiaTelephoneSystems.Cloud
ShareShareTweet

Related Posts

Grand Opening of Costa Coffee Georgia: New Premium Coffee Experience in the Heart of Tbilisi
Business & Economy

Grand Opening of Costa Coffee Georgia: New Premium Coffee Experience in the Heart of Tbilisi

May 8, 2025
MON AMOUR BLUMEN ATELIER – Flowers that convey emotions
Business & Economy

MON AMOUR BLUMEN ATELIER – Flowers that convey emotions

May 7, 2025
Lasha Abashidze named new Director General of Georgian Railways
Business & Economy

Lasha Abashidze named new Director General of Georgian Railways

May 7, 2025

Recommended

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

Putin, Xi, and allied leaders mark Russia’s Victory Day at Moscow parade

14 hours ago
Experience Seamless Connectivity with Silknet eSIM in Georgia

Experience Seamless Connectivity with Silknet eSIM in Georgia

11 months ago
Champion Karateka Luka Khvedeliani on the Benefits of Georgian Karate for Georgia’s Youth

Georgia to Celebrate First Europe Day with European Union Candidate Status

1 year ago
Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

Georgian Foreign Minister Holds Farewell Meeting with French Ambassador to Georgia

3 years ago
Natia Mezvrishvili on Dealing with 2 Political Giants

Natia Mezvrishvili on Dealing with 2 Political Giants

3 years ago
Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

Giorgi Gakharia: We were Told We Were Capable of Nothing – It’s All a Lie and Ukraine is a Great Example of This

3 years ago
GT Interview with Giorgi Badridze

GT Interview with Giorgi Badridze

3 years ago
Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

Russo-Ukrainian War and Georgia – Analysis from security expert Kakha Kemoklidze

3 years ago

Navigation

  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

Highlights

Conclave elects a new pope as white smoke rises from the Sistine Chapel

Ukraine Latest: Limited Ceasefire Marred by Ongoing Strikes and Drone Activity

“Georgia is now where Belarus was in 2020… It’s crucial you don’t repeat our mistakes”

Grand Opening of Costa Coffee Georgia: New Premium Coffee Experience in the Heart of Tbilisi

Estonia revokes visa-free regime for holders of Georgian diplomatic passports

US Embassy: No explosives found in malls, security alert lifted

Trending

Experience Seamless Connectivity with Silknet eSIM in Georgia
Business & Economy

Experience Seamless Connectivity with Silknet eSIM in Georgia

by Georgia Today
June 26, 2024

Why Silknet's eSIM could be your top choice in Georgia  Since its introduction, eSIM technology has become...

Photo by the author

Virtuosity and Versatility: Marc-André Hamelin Opens Tbilisi Piano Festival 2024

May 30, 2024
  • Where.ge
  • Newspaper
  • GEO
  • Magazine
  • Old Website

2000-2024 © Georgia Today

No Result
View All Result
  • News
  • Politics
  • Business & Economy
  • Social & Society
  • Sports
  • Culture
  • International
  • Where.ge
  • Newspaper
  • Magazine
  • GEO
  • OP-ED
  • About Us
    • History
    • Our Team
    • Advertising
    • Subscription
  • Contact

2000-2024 © Georgia Today