Galvanise your business with collaboration tools

SMBs can drive business growth with cutting-edge technologies

New research has found that almost 50% of UK SMBs are investing in more IT infrastructure to drive growth – despite the recession.

The research from Virgin Media O2 Business showed that with staff spending only 25% of time working in offices, it’s essential to invest in the right technologies to foster collaboration and smarter working.

The biggest driver of growth

In the survey, 65% of respondents named technology as the biggest driver of growth in their organisations. In a poll across 1,000 British business leaders of SMBs with up to 249 employees, well-deployed technology was found to boost staff morale, collaboration effectiveness, and productivity. In the same way that technology powered the path through the pandemic, it can now be harnessed to drive a pathway through a potentially difficult financial period.

Harnessing hybrid

Although the likes of Elon Musk are not huge adopters of remote or hybrid work, the trend appears to be sticking in the UK overall. As many organisations put permanent hybrid working procedures into place, over 85% of those polled had noticed productivity gains from staff that were provided with new collaboration tools. Other key stats:

  • 28% of respondents cited increased efficiency as the biggest ROI on technology investments
  • 23% cited increased collaboration
  • Almost 50% recognised the need for improved IT support to be able to deliver on growth targets
  • 24% cited security as the top challenges facing their business

▶ You can read more in the study, or read more about collaboration tools in the MYREDFORT Community.

Related Articles
Unified Communications Improve your digital document experience
Improve your digital document experience

Find out the ROI of all-in-one

Unified Communications IT's role in advertising data collaboration
IT's role in advertising data collaboration

Balancing personalisation with regulatory compliance.

Unified Communications A new era of contracting agility
A new era of contracting agility

The convergence of CLM and contract analytics

Unified Communications Collaboration - from Spiderman to the science lab
Collaboration - from Spiderman to the science lab

How Google Chat keeps teams connected.

Unified Communications Five ways to decide if you need Contract Management Software
Five ways to decide if you need Contract Management Software

A quick way to save 9% of annual revenue.

Unified Communications Improve business agility with DocuSign
Improve business agility with DocuSign

Good reasons to consider DocuSign for your e-signature solution.

Unified Communications Don't slip up with data security and compliance requirements
Don't slip up with data security and compliance requirements

How to fend off modern threats to connected devices.

Unified Communications If you had three wishes...
If you had three wishes...

We demystify digital signatures.

Unified Communications How IT can help legal operate efficiently
How IT can help legal operate efficiently

It's not IT's responsibility for departmental processes - but there is a key role to play.

Unified Communications Squeeze the waste out of routine processes
Unified Communications Compliance and Microsoft Teams
Compliance and Microsoft Teams

Why a certified recording solution is essential.

Modern Workplace eSignature's role in English Law
eSignature's role in English Law

How English Courts support eSignatures.

Modern Workplace Why it pays to use eSignature
Why it pays to use eSignature

eSignature has advantages for businesses of every shape and size. Find out more.

Modern Workplace Frictionless digital vs legacy
Frictionless digital vs legacy

Could you agree more with eSignature?

Unified Communications "Have 15 minutes back"
"Have 15 minutes back"

5 ways to get more from virtual meetings

Unified Communications UC or collaboration?
UC or collaboration?

And what does it mean for IT?

Share this story

We're a community where IT security buyers can engage on their own terms.

We help you to better understand the security challenges associated with digital business and how to address them, so your company remains safe and secure.

Interested in what you see? Get in touch, and let's start a conversation Get in touch