According to the latest research conducted by Intel, small businesses were found to be unaware of the latest technology trends which facilitate business owing to the poor financial conditions and lack of technical skills. In the survey of 3,000 IT decision makers of businesses with less than 250 employees, it was obtained that the small businesses are still using fax machines in the times of smartphones. The survey also revealed that companies still lack proper knowledge on data security regulations & technology and clear understanding on many technology advents such as Cloud Computing. The Intel Small Business Index further indicated that about a third of small businesses are not planning to invest in purchasing new laptops, tablets or smartphones up till next year. The research report also incorporates security measures for small businesses and methods of IT budget planning.