This report explores how businesses have made a success of their investments in technology, and includes some top tips for other businesses thinking about becoming more magpie.
UK businesses need to do more to improve their productivity. Low uptake of tried and tested technologies is an important facet of the productivity puzzle that can, and must, be tackled. UK business technology adoption levels are close to the EU average but far behind the front runners, lagging nearly a decade behind the Danes.
Better adoption of existing technologies could help businesses streamline day-to-day functions and create more time to concentrate on what’s core: be that developing new products and services, or providing exceptional customer service.
Getting this right would deliver a £100bn increase to UK GVA, and could help save many of the 120 days’ worth of
time per year every business spends on administration.
To achieve this, our report From Ostrich to Magpie argued that more businesses needed to start behaving like