Cloud computing may lighten costs
LATEST research shows that the UK’s small businesses are still slow to embrace technology to cut costs and boost productivity.
But as entrepreneur Warren Vick steers his firm Europa Technologies through the recession, he sees “cloud computing” will become increasingly important.
The flexibility it offers means they can outsource their computing needs, such as data storage and processing power, to a central supplier and rent extra capability when an increased workload warrants it.
“It takes the strain and gives us more power,” says Vick.
Aongus Hegarty, vice president of Dell’s small and medium business division for Europe and the Middle East, says there is a lot more that small ventures can do now to increase efficiency and competitiveness without a huge outlay.
After taking basic measures such as backing up data and having reliable virus protection, he recommends that traders upgrade and invest in mobility with a good laptop.
For firms of up to 10 staff, the next step would be to set up a network with a central server.
“This will save time and money,” he says.
Finally, traders should think about easing pressure on cashflow by leasing equipment.