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Small Business Tech Leaders Face Transformation Roadblocks
13 Aug
Summary
- 78% of tech leaders report complexity slows transformation efforts.
- Network resilience is crucial for 51% of UK businesses.
- Suppliers are perceived to delay or block over 47% of projects.
New research indicates that small business tech leaders are encountering substantial challenges in leveraging technology for transformation. A survey of 500 tech leaders reveals that 78% feel complexities arising from multiple vendors, platforms, and contracts are hindering progress.
Network resilience has emerged as a significant concern, with 51% of UK technology leaders considering it business-critical due to its impact on revenue and customers. Despite this, only 36% plan for network modernization as their primary investment in the coming years.
Concerns also extend to external partnerships, as 47% of tech leaders believe suppliers delay projects, and 31% feel they actively block changes. This environment underscores a need for improved strategic alignment and reduced reliance on complex, disconnected systems to foster innovation.
