Cybersecurity is the most important emerging technology for businesses, says GlobalData

Cybersecurity is the most important emerging technology for businesses globally, according to  GlobalData , a leading data and analytics company.

unnamed (1)

The company’s latest report,  Global Emerging Technology Trends Survey 2018 , based on a survey of more than 1,500 companies, states that cybersecurity was identified as the most important emerging technology by more than half of all respondents, putting it ahead of areas such as cloud computing, artificial intelligence (AI) and the Internet of Things (IoT).

- Cybersecurity is an investment priority for enterprises from all industries, highlighting its emergence as a critical business function in today’s digital economy, Ed Thomas, Technology Thematic Analyst at  GlobalData , says.

- Any company not investing in cybersecurity runs a higher risk of being hacked and stands to fall behind the competition.

GlobalData’s report also finds that companies worldwide are growing their emerging technology investments. The survey data suggests that businesses from across the world are planning to make major investments in areas like cybersecurity, AI, and IoT.

- Our data demonstrates that the appetite for investment in emerging technologies is not limited to the more mature IT markets of North America and Europe, but is actually global. This represents a significant opportunity for technology vendors, as long as they have the capability to secure business in countries that may be outside their traditional marketplace, Thomas continues.

While cybersecurity was seen as the most important emerging technology, GlobalData’s survey revealed that enterprises are not limiting themselves when it comes to investing in the latest technology areas.

- Companies appear to be experimenting with a broad range of emerging technologies, with even relatively immature areas, such as virtual and augmented reality (VR/AR), scoring well in our survey.

 

News | 25.9.2018

Latest articles

How ultrasonic sensors and artificial intelligence improve condition monitoring

In an industrial setting, assets are everything. A breakdown can cause hours  of downtime, and thus hours of lost productivity and lower financial gains. Preventative maintenance is one way facility managers counteract system entropy, but it is not perfect strategy. In some cases, a preventive approach to maintenance can actually lower the overall effectiveness of an asset. In the case of a valve for example, constant tightening can cause premature wear and tear.

Applications | 23.10.2018

To analyze or not to analyze, that is the question

Can we successfully improve reliability without analyzing reliability data?

Asset Management | 23.10.2018

Sustainability transformation: Are you ready for the change?

Companies which create truly sustainable businesses will remain competitive in the future.

HSE | 27.9.2018

Evaluating IT asset management software: Who do you trust?

Nowadays, more or less all companies have to deal with diverse kinds of IT assets. Using IT assets (software, hardware, digital media and networking) is no longer specific to the technology giants. 

Cmms | 7.9.2018

New methanol engine ready for the marine market

Within the frame of the GreenPilot project, Gothenburg-based ScandiNAOS AB has developed methanol engine concepts for the marine industry. A spark ignited methanol engine that wasn installed and tested in the Swedish Pilot boat “GreenPilot” has now been followed by a compression ignited methanol engine. The GreenPilot project is lead and initiated by Swedish Maritime Technology Forum, part of RISE Research Institutes of Sweden.

R&D | 4.9.2018

How to Safely Align Wind Turbines

Safety engineers around the world can breathe easy. The PRUFTECHNIK ROTALIGN® and OPTALIGN® technology has made aligning machine shafts, especially gear shafts, much safer.

Partner Articles | 6.6.2018

Maintenance: A Necessary and Important Function in the Future

Euromaintenance 2016 will take place in Athens at the end of May. It is the ideal moment to reflect on maintenance in a European context. Euromaintenance is known as the summit for all involved in maintenance across Europe, it’s the place to be. The conference, with the support of the EFNMS, is the only commercially independent conference covering the topics we deal with in the maintenance world.

EFNMS | 20.5.2016