[Software] SMBs 'anxious' about post-pandemic digital investment

[rlex]

 

Despite technology proving to be a life-saver for many small and medium-sized businesses during the pandemic, many business leaders are still hesitant to deploy new tech. They are unsure about the potential benefits, such as increased productivity, or time savings, they might get from their investments.

A new report from cloud-based accounting software platform Xero, based on a survey of more than 1,000 small business owners in the UK, found just two in five small businesses were open to taking risks when making business decisions.

Furthermore, half are reluctant to accept the risk of negative outcomes from tech-related decisions, while just three in ten said they would feel bad about having to postpone digital investment, such as new collaboration tools.

https://www.techradar.com/news/smbs-anxious-about-post-pandemic-digital-investment