SMEs get smart to beat the recession
Jul 21, 2009 Comments (0)
A survey published by the British Chambers of Commerce (BCC) found that more than 5,600 businesses showed sales and orders continued to fall in the three months to June this year. The figures which suggest the UK economy shrunk by 0.1-0.4 percent in the second quarter of this year has left economists at the BCC pessimistic about any return to economic growth until the end of this year at the very earliest.
However, increasing numbers of SMEs are taking advantage of new advances in technology and weathering the economic storm. These businesses are doing away with 10,000-plus start up IT costs and choosing instead to install software solutions which can cost as little as 6 a month, without requiring any hardware or maintenance contracts. The pay-as-you-go deals are available in much the same way as mobile telephone packages for consumers.
Technology companies have responded to the recession with innovative solutions and pricing models to support small businesses. The advent of state-of-the-art data centres which provide specialist IT solutions to SMEs is providing the UKs small businesses with the technological bandwidth to be competitive against major corporations with multi-million pound technology budgets. IT savvy SMEs have wisened up to how smart, low-cost technology can enable them to get on with the business of running their businesses.
Case studies are available demonstrating how SMEs are using innovative technological solutions to survive and grow in a variety of business sectors across the UK. Contact Joe Morgan on 020 7233 7578 or e-mail email@example.com