Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Business > UK BUSINESSES DIVIDED AS SMBS PLAY CATCH-UP
    Business

    UK BUSINESSES DIVIDED AS SMBS PLAY CATCH-UP

    UK BUSINESSES DIVIDED AS SMBS PLAY CATCH-UP

    Published by Gbaf News

    Posted on November 8, 2017

    Featured image for article about Business

    New research conducted by Altodigital has revealed a startling divide between the attitudes and strategy of SMBs in comparison to larger organisations when it comes to tackling a range of crucial IT issues such as security, print services and digital transformation.

    The findings revealed that 51% of small and medium sized businesses simply aren’t interested in using managed print services. In addition to this, an emphatic 78% also admitted that they had no policy in place, despite the proven benefits for smaller organisations. This was a distinct revelation considering 82% of large organisations revealed that a print policy was already in place.

    The research commissioned by the office technology solutions provider consisted of two individual studies, one that polled 100 IT decision makers from corporate UK companies with 500+ employees and a further survey that delved into UK SMBs with less than 500 employees.

    The results uncovered a stark contrast between the attitude of large and small businesses in the UK when it came to digital transformation. In this area, 36% of large corporate businesses revealed that they had completed digital transformation, with a further 46% saying it was well underway in their organisation. In terms of SMBs the gap was extensive, exactly a third (33%) admitted that they had not started the transition yet and had no plans to do so.

    Alistair Millar, Group Marketing Manager at Altodigital said: “It is really surprising to see such a gap between large organisations in many areas, you would typically believe that small businesses are more forward thinking and agile than larger enterprises. However, these results indicate that in some areas, such as managed print services and digital transition, they could be missing a trick.”

    The results also discovered an apparent lack of awareness in terms of IT issues, just 3% of large firms believed their organisation had ‘no IT challenges’ in comparison to 34% of SMBs. This is somewhat surprising considering the fluid and challenging nature of the IT environment, highlighted by the recent spate of cyber attack hacks on both large and small companies.

    The corporate survey also provided an interesting insight into a larger firm’s top IT issues, with 40% listing that maintaining their existing infrastructure was the top concern.

    “While it is encouraging to see that SMBs appear to have very few IT issues, it is important that businesses stay alert to any potential threats while also optimising and improving their IT infrastructure”, added Millar.

    New research conducted by Altodigital has revealed a startling divide between the attitudes and strategy of SMBs in comparison to larger organisations when it comes to tackling a range of crucial IT issues such as security, print services and digital transformation.

    The findings revealed that 51% of small and medium sized businesses simply aren’t interested in using managed print services. In addition to this, an emphatic 78% also admitted that they had no policy in place, despite the proven benefits for smaller organisations. This was a distinct revelation considering 82% of large organisations revealed that a print policy was already in place.

    The research commissioned by the office technology solutions provider consisted of two individual studies, one that polled 100 IT decision makers from corporate UK companies with 500+ employees and a further survey that delved into UK SMBs with less than 500 employees.

    The results uncovered a stark contrast between the attitude of large and small businesses in the UK when it came to digital transformation. In this area, 36% of large corporate businesses revealed that they had completed digital transformation, with a further 46% saying it was well underway in their organisation. In terms of SMBs the gap was extensive, exactly a third (33%) admitted that they had not started the transition yet and had no plans to do so.

    Alistair Millar, Group Marketing Manager at Altodigital said: “It is really surprising to see such a gap between large organisations in many areas, you would typically believe that small businesses are more forward thinking and agile than larger enterprises. However, these results indicate that in some areas, such as managed print services and digital transition, they could be missing a trick.”

    The results also discovered an apparent lack of awareness in terms of IT issues, just 3% of large firms believed their organisation had ‘no IT challenges’ in comparison to 34% of SMBs. This is somewhat surprising considering the fluid and challenging nature of the IT environment, highlighted by the recent spate of cyber attack hacks on both large and small companies.

    The corporate survey also provided an interesting insight into a larger firm’s top IT issues, with 40% listing that maintaining their existing infrastructure was the top concern.

    “While it is encouraging to see that SMBs appear to have very few IT issues, it is important that businesses stay alert to any potential threats while also optimising and improving their IT infrastructure”, added Millar.

    Related Posts
    Five questions to ask before stepping into Employee Ownership
    Five questions to ask before stepping into Employee Ownership
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    Cybersecurity as a Profit Engine: Turning Financial Services Security into Measurable Business Value
    How Investability Helps Companies Navigate Transformational Times
    How Investability Helps Companies Navigate Transformational Times
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    88% of UK and US organisations concerned about state-sponsored cyber attacks as national threat levels surge, IO research reveals
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    One in three SME leaders do not fully understand cash flow, despite 82% facing cash flow problems
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    Inside the Company that Predicted the Remote Work Mega-Trend Before It Became Mainstream
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    SEO Consultant Adrian Czarnoleski on How to Increase Business Value Before Exit
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    No SOC 2, No Deal: Why You’re Already Losing Clients - and What You Can Do About It
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Jose Tolosa Guides Organizations Forward with Clarity, Purpose, and Integrity
    Reducing Freight Costs to Drive Global Trade Expansion
    Reducing Freight Costs to Drive Global Trade Expansion
    The Psychology of Music in the Modern Workplace
    The Psychology of Music in the Modern Workplace
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses
    Revealed: Low-Cost/No-Cost Marketing Hacks For Results Oriented Businesses

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Business PostCONSULTATION ON FRAUD REPORTING UNDER PSD2 CLOSES – AS FRAUD MANAGEMENT SET TO BECOME CRUCIAL FOR CUSTOMER EXPERIENCE
    Next Business PostPOSITIONING GROWTH BUSINESSES TO OPTIMISE THE OUTCOME ON SALE

    More from Business

    Explore more articles in the Business category

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    Finance teams still stuck in spreadsheets as manual processes stall digital transformation

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    The Future of Remote & Hybrid Leadership: Leading With Data-Driven Foresight

    2025-2030: The Next Technological Innovations for Business

    2025-2030: The Next Technological Innovations for Business

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    The CFO’s New Playbook: 5 Ways AI Is Redefining Finance with Insights from Rishi Oberoi

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Revolutionizing Payments: Secure, Scalable, Sovereign

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    Why Trademark Abuse in Paid Search Is a Growing Risk for Financial Institutions

    E-commerce Customer Service: Tips

    E-commerce Customer Service: Tips

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    When to Automate Your Warehouse: The Tipping Point for Operations Growth

    Hurt at Work? 5 Financial Facts You Need to Know

    Hurt at Work? 5 Financial Facts You Need to Know

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Against the Odds: Resilience in Consumer Subsectors Offers Prime Opportunities for Investors

    Empower Your Workforce With Financial Wellness This Labor Day

    Empower Your Workforce With Financial Wellness This Labor Day

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    Build a brand that stands out with five simple strategies, from defining your UVP to using storytelling and building loyalty. Find out more.

    View All Business Posts