Kirsty Worgan: Modernising tech - or 'Why doing nothing is dangerous'

Aim for digital transformation

clock • 4 min read

With so much now bound up in IT, writes Kirsty Worgan, it is essential to make the right decision - so consider not just the short-term costs involved in investing in your technology but also the long-term benefits it can bring

Ageing technology is an issue for many firms, as companies face the twin challenges of high running costs and escalating operational risks. Additionally, implementation of new technology can be a time-consuming process that can lead to further expenditure. As a result, many decision-makers rightly engage in a thorough due diligence process before deciding to invest in technology. Technology, however, as an enabler for business transformation and innovation, is fundamental for change. At a macro level, businesses across the globe are impacted by technology and many are in the process of ‘...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Technology

Why advice firms risk mistaking progress for resilience

Why advice firms risk mistaking progress for resilience

Do not let caution cause inertia

Macarena Rodriguez
clock 25 August 2026 • 5 min read
ChatGPT does not know your client – make sure it never does

ChatGPT does not know your client – make sure it never does

'The problem is not that staff are trying to break the rules'

Gareth Fatchett
clock 25 August 2026 • 6 min read
Adventures in AI: Words of wisdom on chatbots

Adventures in AI: Words of wisdom on chatbots

Part four in the series...

Mike Morrow
clock 19 August 2026 • 3 min read