Some 96 per cent of businesses in the UK are open to the introduction of new technology in order to improve workplace efficiency, new research has revealed.
According to a study by independent research house ICM, inefficient storage and working practices are costing UK plc up to £900 million a week as the equivalent of 30 million hours a week is wasted by employees struggling to locate disparately stored documents.
ICM’s data indicates that the average worker in the UK spends 61.55 minutes a week locating documents or files either from email, personal folders or in their firm’s shared file servers, suggesting more efficient technical systems are required.
The study was commissioned by Oracle, which provides various applications for retail organisations across the world such as Argos, Comet and Morrisons. Companies use Oracle’s solutions to help them understand customers’ needs and meet their expectations.
Commenting on the ICM study, Vice President Director of E2.0 at Oracle, Andrew Gilboy, said: “The findings highlight that while employees are keen to work with Enterprise 2.0 tools in their everyday activities, businesses are yet to take advantage of this and implement them on a wide scale.
“The real opportunity missed by not adopting Enterprise 2.0 is the ‘business productivity’ gains – as opposed to the gains that can be made in personal productivity – and the ability to accelerate business models.”