Digital divide is holding back the UK economy

New research by business organization the CBI in conjunction with IBM shows that a digital divide is opening up across the British economy, with just over half (55 percent) of 'pioneer' firms adopting digital technologies and processes, while the remaining 45 percent are falling behind. Despite the UK taking top place globally for e-commerce and fifth place for the availability of technology, it ranks only fourteenth in the world for company-level adoption of digital technology, with many companies struggling to digitize their businesses at the rate of peers in other countries. Reasons for this are given as a lack of… [Continue Reading]