Why are businesses slow to adopt new technology?

For some this may be surprising, given that many

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reports show that now, more than ever, it pays to embrace technology. However, Dominic Perks, co-founder and chief executive of start-up investors Hambro Perks, believes that a much larger percentage of companies – particularly small to medium-sized enterprises (SMEs) – don’t engage with tech at all.

“There is a huge ‘long tail’ of companies that you would call ‘late tech adopters’,” he says. “There are lots of SME owners that simply have not had technology in their working lives; they just don’t ‘know’ tech, and what is possible.

http://www.telegraph.co.uk/business/ready-and-enabled/new-technology-adoption/