Compared to non-growth SMEs, growing small businesses tend to invest more in IT, a new report claims.A study form Microsoft and Durham Business School shows that growing SMEs "use more diversified sources for IT advice" and have "more software and arguably more sophisticated systems". They also appreciate that IT "can (and has) delivered benefits to their business" and talk about IT in terms of "what it can do for employees". They additionally display greater willingness to "spend more on IT in future"."This report suggests that growing companies have a greater external business focus and a greater use of IT to meet their business challenges than companies which historically have not grown," Simon Hughes, director of SMB Customers, Microsoft UK, commented. "This external focus in turn leads to further growth, with many of these growing companies expecting to derive tangible competitive advantage from their technology. It is clear that while many non-growth companies would like to spend more on technology, a narrow focus on cost control and internal challenges such as reporting and compliance is not enough to deliver business growth."© Adfero Ltd