A new study says that UK businesses could boost productivity by a lot by updating their connected technology systems.This could give each worker the equivalent of nine extra working days a year by 2030.The results show that improving digital infrastructure and updating workplace technologies can be very good for the economy.
Researchers say that businesses still lose time and money because of old systems.
The survey found that companies that buy faster, more reliable technology, such as cloud tools and digital communication systems, have fewer delays and a smoother workflow.Streamlined processes reduce downtime, lessen the amount of manual work, and make it easier for teams to work together in real time.
By 2030, these benefits could be worth the same as nine more days of productive work for each person, which would make businesses much more productive.
Companies in the UK need to catch up with the times
Experts say that the results should wake up UK businesses that are slow to use digital technology.Using old technology can slow down growth and make it harder for a company to stay competitive as competition and economic pressures rise around the world.
People think that buying connected technology will not only help them get more done, but also keep them strong over time.
Digital transformation is seen as the key to future growth
As more and more industries move toward hybrid labor, automation, and cloud-based operations, experts say that the productivity gap will grow between companies that use new technologies and those that don't.Better technology might help with customer service, making choices, and being more adaptable in business.
The analysis supports the notion that digital transformation is no longer optional; it is essential for business success in the forthcoming decade.
