Small Businesses: It Failure and the Financial Consequences for Your Business ; Tsg

Evening Gazette › August 29, 2007

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Summary

Technology is an essential component of modern business, and a modern reliable IT network is crucial to enable effective communication, customer service and business effeciency. It's widely accepted that IT systems must be implemented correctly and then maintained on a regular basis. However, many businesses, especially new or smaller ones, don't have the resource or experience to carry out ongoing maintenance, with the result that problems can escalate at an alarming rate.

TSG has undertaken a comprehensive IT survey with more than 750 finance and business professionals based throughout the UK, to establish the main areas of IT use, problems and concerns. Not surprisingly more and more organisations rely on IT to function effectively, and IT failure impacts dramatically on business performance.

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Small Businesses: It Failure and the Financial Consequences for Your Business ; Tsg

Statistics from the survey confirm that more than 95% of business would be affected by IT systems failure, yet many org...

See the full content of this document