Procurement · 27 September 2018

Technophobe firms fear going out of business within 5 years

Are you planning to invest in IT infrastructure?
Over three-quarters of UK firms fear they might be out of business in 5 years? time because they have been left behind by technology.

According to new research from Dell Boomi, three-quarters of UK firms said they were highly dependent on data, with 81% admitting they could be gone within five years without further investment in technology.

The poll, carried out by OnePoll, quizzed 250 IT decision makers in large UK businesses on the level of connectivity across their organisation, including the state of integration and the extent to which data and organisational silos exist.

It found that UK firms are already clearly focused on dealing with digital transformation issues with a third seeking to implement hybrid cloud solutions, cyber security and dealing with budget worries.


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Almost three in five of the organisations polled highlighted legacy software as one of the biggest challenges they face. Over a third want increased integration between their applications and almost one in four are facing issues with data siloes.