SMEs to upgrade their technical capabilities this year, research forecasts

British small and medium enterprises are likely to upgrade their technological assets this year to take advantage of the economic recovery, a recent report could reveal.

The paper by Virgin Media Business suggests that SMEs are likely to upgrade their old equipment this year, which would certainly provide a welcome boost for all providers.

"2015 is the year for small and medium-sized businesses to seize their own opportunity from the economic revival and upgrade their technical capabilities to go for growth," ‏said Mike Smith, director for SoHo (small office, home office) and SMEs at Virgin Media Business.

"This is the year to go for growth. As the economy rebounds and begins to pull ahead, the company that skills up and re-engineers for growth is the company poised for early returns. Businesses bold enough to ‏invest now in digital skills and technology are likely to reap the benefits, not only in financial terms, but to the betterment of their staff, workplace and customers" he added.

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