£5.6 billion is estimated to be lost by UK businesses over the next 12 months unless adoption of Smart technology is accelerated within the work place. Samsung has claimed each firm could save an average of £81,000 if smart technology was rolled out in every department, but found that one in ten didn’t have plans to implement it within the structure of the business.More than a quarter of businesses admitted to missing out on a contract or client because they didn’t have the right equipment available. This increased 37% in the financial district and 41% telecoms. IT managers say only 11% of their budget is portioned to smart technology and 20% say the training of staff to use smart technology is far too time consuming to be justified.Samsung President Andy Griffiths said
“At Samsung, we understand that in order to help achieve this, we must play our part in educating businesses and consumers on unlocking the true potential that smart technology can bring to the UK.”
The public tend to be more comfortable introducing smart technology into their personal life, but a quarter said a lack of understanding of the benefits had prevented them from splashing out. Just six percent said they had installed a smart meter, but almost two thirds said they planned to do so in the future.
Previous Samsung research has indicated that the most popular forms of smart technology at present are connectivity apps such as Skype and Smart TVs, although many had indicated they would be interested in smart appliances, security and utilities as well as wearable gadgets that could monitor their health.