UK businesses are still struggling to get the most out of cloud, and it's costing them big

• Only one in three firms are fully utilizing cloud-based solutions
• More companies are using complex multicloud systems than last year
• Two-thirds want to upgrade their systems because of lack of confidence

Many UK businesses are falling behind when it comes to adopting critical technologies like cloud-based solutions, which is limiting their potential for growth, new research has claimed.

A report from OneAdvanced says only one-third (35%) of UK businesses fully utilize cloud-based solutions, with just 14% having successfully integrated artificial intelligence at the strategic level where it can help improve the efficiency of data-driven decision-making.

OneAdvanced’s findings are somewhat contradictory, given nearly half (44%) of Britain’s leaders identified efficiency and productivity as their top objectives for 2024.

Britain is slow to adopt new tech, it’s confirmed

It’s not always a pretty picture when companies do invest, though, because many fail to get it right. Around half ...