The State of Technology
» The State of Technology, Volume 5, Issue 5, 2005
Please think of the most sophisticated technology that you use in your business today. The technology could be a machine, a device of some type, a piece of software, or something like that.
2j. How much longer do you think you will be able to use the most sophisticated technology you currently operate before replacing it?
Response | ||||
---|---|---|---|---|
1 | One year or less | 18 | ||
2 | > 1 - 5 years | 48 | ||
3 | > 5 - 10 years | 10 | ||
4 | > 10 years | 3 | ||
5 | Indefinitely | 10 | ||
6 | DK/Refuse | 11 | ||
Total (%) | 100 | |||
N | 753 |
Notes: Sixty-six (66) percent of small employers will need to replace their most sophisticated piece of technology within five years (Q#2j).