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October 13, 2011

Cloud computing, e-Commerce most valuable investments for UK businesses

Nearly a third of companies, surveyed by Virgin Media, admit cloud computing has benefitted their organisation

By CBR Staff Writer

New research by Virgin Media Business has found that cloud computing and e-Commerce technologies are the most valued as investments by British companies.

Two-thirds of 5,000 UK businesses surveyed believe that advances in technology are vital to the success of their business, said Virgin Media. Cloud computing and e-Commerce technologies are the most valued with 32% of business leaders saying that investment in cloud computing has significantly benefitted their company. This was closely followed by e-Commerce solutions, at 27%.

The study also found that the numebr of workers moving towards te ‘Bring your own devices’ to work trend has reached a tipping point. A quarter of respondents said that they want to be able to use their personal devices at work. Businesses are acting on this demand, with 23% letting employees choose whatever kind of device will suit them best for work. 31% of employees are happy with the technology choices that are on offer, demonstrating perhaps the desire from employees to have more choice.

Nearly 70% of smartphone owners admit that they would rather give up alcohol than be without their phone,

Virgin Media Business corporate sector director Andy Marshall said with more organisations embracing new technologies, the business world is clearly showing it’s open to change.

Marshall added, "New technologies such as cloud computing are helping smaller players to compete on the same stage as massive corporates because of economies of scale. As well being able to realise the immediate cost benefits, cloud computing can also set business free and enable them to become far more responsive. This can help companies to make huge productivity gains, with workers being able to access corporate information on the go, or by working from home, which has been proven to improve morale by addressing employee’s work and life balance."

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