Business technology investment trends 2023
Promoting growth in Europe’s SMEsDownload our white paper
Technology trends and IT investment priorities
In today’s increasingly challenging economic climate, technology is more critical to success than ever before. While navigating a new landscape as we adapt to hybrid working, SMEs are working harder to drive efficiencies and innovation through their technology and IT solutions.
At Sharp we were keen to find out first-hand how IT investment and planning has evolved over the past two years as well as which technology SMEs plan to adopt, and the major challenges driving change in 2023.
2023 Business technology insight
Download our white paper for survey results and expert advice from our Vice President of IT Services, Colin Blumenthal, on how to ensure an enterprise's technology investment has the desired impact and pays off fully.
Insight from European IT decision makers
We surveyed almost 6,000 small enterprise IT decision makers across 11 countries in Europe to uncover the top business and technology trends that European SMEs are facing, and identify where to invest in IT services over the next twelve months. We found that rising supply cost and the cost of living crisis means leveraging their IT solutions this year is of upmost importance.
Key results from European SME research
of SMEs are investing in and planning to migrate to the cloud
of SMEs have identified hybrid working technology issues as their greatest technology challenge this year
of SME IT decision makers revealed that IT Security is the top technology challenge they face over the next 12 months
of SMEs have plans to improve their business intelligence and managed information this year
of the SMEs that we spoke to are planning to invest more than last year on IT projects and support this year, with security, cloud migration, server updates and hardware upgrades taking priority
of SMEs across Europe report that rising costs are the biggest business challenge this year
Our infographic visualises key technology trends, challenges faced and investment priorities of European SMEs for the next 12 months.
Technology investment critical to SMEs' success in 2023
Read our article from Colin Blumenthal VP of IT Services Europe, Sharp where he discusses small and medium enterprises and their migration to the cloud, hardware upgrades, concerns around data and business security and making IT Work.
Technology investment set to increase across European SMEs in 2023 despite economic downturn
Almost half of small and medium enterprises (SMEs) across Europe project increased investment in technology this year with cloud migration, server updates and hardware upgrades taking priority despite challenging business environment. This against the backdrop of continued concerns around security and adapting to Hybrid working brings challenging times for many businesses.
Download our white paper & infographic:
Sharp IT Services
Watch to find out how Sharp can take care of your IT so you can take care of business.
Find out more about how our IT services and solutions can support your business.