In what may come as interesting technology news for entrepreneurs, a new survey from HP of more than 500 small business IT managers shows that 93 percent of companies have placed cost concerns over concerns about new technology. The managers said this lead to 89 percent of these companies experiencing IT-related problems.
IT managers at cost-conscious companies said their top three problems were low-performing hardware, out-of-date hardware and unreliable hardware leading to a loss of productivity and less-than-efficient computer efficiency.
“The survey findings confirm that budget-constrained small businesses are playing tug of war when it comes to balancing smart IT purchasing decisions and their budgets,” said Stephen DiFranco, senior vice president and general manager of HPs Personal Systems Group.
A post on Computer Weeklys website quotes Keiichi Nakata, a reader in social informatics at the University of Readings Henley Business School in saying that employers have to keep their technology systems up to date to attract younger employees. Nakata said young graduates are surprised that common technology they use every day in college is not more frequently used in business.
- Majority of small business owners see computer security as a priority
- For small businesses, Facebook leads the pack
- Webinar March 31: Dumb Ways Entrepreneurs Fail with Technology
- 4 Smart Ways to Allocate Funds for Your Business
- Smartphones Could Take the Place of Credit Cards