# **Investing in New Technology: What to Watch Out For**
Are you a small-medium-sized business looking to stay ahead in the digital world? Don’t worry, we’ve got you covered! Our team at Scottish Enterprise understands the challenges of navigating emerging technologies and the importance of finding solutions that align with your specific needs.
In this video, our Digital Transformation Team Leader, Derek McCamley, shares valuable insights on what to consider when investing in new technology. He emphasizes the significance of being driven by your business objectives, rather than letting technology dictate your operations.
While it may be tempting to focus on short-term requirements and immediate cost savings, Derek advises taking a long-term strategic view. Scaling with technology, integrating with existing systems, and envisioning the future trajectory of your business are crucial aspects to consider.
Derek also highlights the pain period that often accompanies the implementation of new technology. It takes time for employees to adapt, and the return on investment may not materialize overnight. However, by working with our specialists, you can ensure that you’re making informed decisions that align with your overall strategy and objectives.
At Scottish Enterprise, we offer comprehensive support for businesses seeking digital transformation. Whether you need assistance with digital strategy, project scope, options appraisal, change management, or IT technology implementation, we are here to help.
To learn more about our business support services and how we can assist you in your digital journey, visit our website: [Scottish Enterprise – Digital Transformation Support](https://www.scottish-enterprise.com/support-for-businesses/business-development-and-advice/digital-transformation-support).
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[Source: [Scottish Enterprise](https://www.scottish-enterprise.com/support-for-businesses/business-development-and-advice/digital-transformation-support)]
Scottish Enterprise Digital Transformation Team Leader, Derek McCamley, highlights what to watch out for when investing in new technology. We understand how confusing emerging technologies can be and it’s important your new solutions meet your needs.
If you’re a small-medium-sized business looking to build a digital strategy, project scope, options appraisal, change management approach, or digital and IT technology implementation – then we’re here to help.
Find out more about our support: https://www.scottish-enterprise.com/support-for-businesses/business-development-and-advice/digital-transformation-support