Well over half (58%) of the UK’s SMEs have admitted they do not use cloud-based computing, according to new research by Close Brothers. That does, of course, mean 42% are!
The reasons given for not using the cloud for business vary. Of those not using the technology, over a third (36%) do not trust that it is secure enough. A further 29% believe transferring to the cloud would be too time intensive, and 16% say that they cannot afford to invest in it.
There is also a knowledge gap when it comes to cloud technology. Three-quarters of SME senior business decision makers admit they do not understand it well. And one in 10 say they do not know what it is!