British businesses are prioritising investment in cyber security, cloud computing and connectivity in 2018 as they seek to build stronger and more resilient businesses, according to new research by Opinium.
The study, which was conducted on behalf of Beaming, the business Internet Service Provider, found that almost half of all companies in the UK plan to improve their cyber security defences and extend their use of cloud computing in 2018. More than a third plan to adopt new connectivity services.
- Improving cyber security is the biggest area of focus for IT investment in 2018, with almost half (49 percent) of businesses surveyed planning to spend more in this area during 2018.
- A quarter (23 percent) of businesses plan to upgrade their antivirus and anti-malware software, 15 percent will add new network perimeter firewalls and a further 14 percent will improve network access control by introducing measures such as two-factor authentication.
- Medium and large companies will invest in cyber security at the greatest rate: seven in every ten companies with more than 50 people will improve their resilience to cyber attacks this year.
- 46 percent of British businesses plan to invest in cloud computing services this year. Adoption rates are set to be highest amongst medium and large companies, which plan to split their data and workloads across different forms of the cloud as appropriate.
- Private or enterprise clouds, which rely entirely on a company’s own IT infrastructure, were the most popular form of cloud service, with a quarter (23 percent) of all businesses surveyed planning to take this option.
- Public cloud services were also a popular option, with a fifth (21 percent) of companies planning to invest further in services from the likes of Google, Microsoft or Amazon. Large companies intend adopting public cloud services at the highest rate (33 percent).
- One in ten firms said they intended to invest in colocation, with data stored on their own equipment located in a third party data centre.
- More than a third (39 percent) of businesses surveyed said they would invest in connectivity during 2018. Almost a fifth (17 percent) plan to meet their growing demand for bandwidth by connecting directly to the Internet using fibre ethernet leased lines.
- More than a quarter of medium (27 percent) and large (31 percent) companies plan to invest in fibre ethernet technology, allowing potentially hundreds of users to share a single connection with no loss of speed or quality.