The new Mid-Market IT Priorities Report 2022/2023 also found that nine-in-ten IT decision-makers expect the increased costs of doing business to have an even greater impact on their budgets over the next 12 months.
What’s more, around a third of UK businesses think their current IT budgets are insufficient, with almost one-in-ten not expecting to see a funding increase during 2023.
Paul Bryce, managing director at Node4, explained, “The impact of Covid continues to diminish for most businesses. Where last year, it was a case of getting remote working up and running quickly, the current economic climate has brought value for money, productivity and a push for rapid growth into sharp focus.
“A lot of mid-market businesses will be trying to drive productivity improvements through the additional tools and services they delivered to enable homeworking during the pandemic.
“This will go some way to ensure that hybrid working doesn’t hamper long-term growth targets or shorter-term productivity — which, given the financial pressures faced by businesses right now, has never been more important.”
The full report is available online here.