SMBs are keen to boost IT investment, even as costs rise

Despite heightened economic pressure, new research claims almost half (44%) of UK SMBs hope to increase their IT spend this year likely in a bid to maintain high levels of productivity and to explore new and emerging technologies, like generative AI.

A survey from Sharp of 5,770 European small and medium businesses, including 502 UK-based SMBs, looked at the technology challenges and investment priorities the firms expect to have to deal with over the next 12 months.

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