Cookies on the Attwoods website

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the Attwoods website.

Open

Latest news

Explore insightful perspectives and expert advice on finance

Home |Latest news |SMEs planning 'significant investment' in technology this year, research suggests

Latest news

Browse by category
Business News

SMEs planning 'significant investment' in technology this year, research suggests

June 01 2023

Research carried out by consumer electronics company Sharp has suggested that nearly half of small and medium-sized enterprises (SMEs) are planning on increasing their investment in business technology this year.

Sharp revealed that many firms are planning on investing in technology despite the current challenging economic climate. 45% of SMEs plan to invest more than they did in 2022, and 56% are looking to invest more than £20,000 on new IT technology this year.

The research also showed that 31% of SMEs are planning to invest in digital cloud products, whilst an additional 32% are focusing on upgrading or replacing IT servers.

'Despite understandable concerns about rising costs in the UK, businesses here are investing strategically in technology and seeing its value, even at a time of uncertainty,' said Stuart Sykes, Managing Director at Sharp.

'Organisations of all sizes are dealing with a host of issues in a hybrid working environment such as IT and security challenges, ensuring that technology is planned to support these issues now and in the future.'

Here to help

Please complete the form below and our expert team will be in touch.

  • Contact details

    • *
    • *

  • What services are you interested in?

    • *

  • Message

    • *

  • Which location would you like to contact?

  • Communication

    • *Indicates a required fields.†At least one form of contact is required.

      By submitting this form, you agree that Attwoods can process your information in order to respond to your enquiry. For more information visit our Privacy Policy.

Bromsgrove
Bromsgrove

Attwoods is proudly based in the historic market town of Bromsgrove, Worcestershire

  • 182 Worcester Road
  • Bromsgrove
  • Worcestershire
  • B61 7AZ
Call us01527 874170
Learn more about BromsgroveGet in touch
Evesham
Evesham

Attwoods is proudly based in the picturesque town of Evesham, Worcestershire; nestled in the heart of the Vale of Evesham

  • 90-92 High Street
  • Evesham
  • Worcestershire
  • WR11 4EU
Call us01386 424388
Learn more about EveshamGet in touch
Pershore
Pershore

Attwoods is proudly based in the Georgian market town of Pershore, Worcestershire.

  • Perrott House
  • 17 Bridge Street
  • Pershore
  • Worcestershire
  • WR10 1AJ
Call us01386 554870
Learn more about PershoreGet in touch
  • Xero Logo
  • Gold Partner Logo
  • Sage
  • QuickBooks Platinum

The practices of Attwoods are carried on by Attwoods Accountants Limited, Attwoods Business Services Limited, Attwoods (Bromsgrove) Limited. Regulated for a range of investment business activities by the Association of Chartered Certified Accountants.