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

Collaboration Between Gasum and Tampere Regional Solid Waste Management to Boost the Use of Biogas in Transport

Gasum and Tampere Regional Solid Waste Management have signed an agreement under which biogas produced at a new biogas plant constructed in Koukkujärvi, Nokia, Finland, will be sold to Gasum. The deal strengthens the use of biogas in transport and is a good example of regional circular economy.

HSE | 12.4.2019

Dispelling the Legends of Maintenance Management

There are many legends surrounding maintenance management in plants. Often, the legends aren’t true, but people live with them because it is simply convenient or so ingrained that they don’t even realize it’s a legend. Plants must break the legends that exist in their organizations to gain improvements in equipment reliability and maintenance management. Some of the legends will be addressed in this article. You might become uncomfortable when you realize some of the legends are embedded in your organization.

Asset Management | 27.3.2019

Implementing RCM? 5 Mistakes You Need to Avoid

If you are considering to employ  RCM analysis  at your facility, it means you have recognized the need for a change in your maintenance strategies. Reliability-centered maintenance is an excellent way to keep your plant or machinery up and running by helping you choose the optimal maintenance strategy for all of your important assets. 

Cmms | 19.3.2019

Wärtsilä successfully tests remote guidance service capabilities

Technology group Wärtsilä has successfully tested its remote guidance service, thereby creating an entirely new dimension in vessel repair and maintenance operations.

Applications | 15.3.2019

Save Energy in Steam and Condensate Systems

The oldest paper mill still operating in Germany detects defective steam traps with digital ultrasonic testing technology

Partner Articles | 15.3.2019

Time to Invest in Europe’s Water Infrastructure

THE WATER AND SANITATION sector is an important part of the European economy. It represents more than 500,000 people directly employed in water and sewerage companies, operating thousands of facilities and several million kilometres of networks.

Editorial | 14.3.2019

Digital Line of Sight

Will a Digital Twin Become a Key Element of Your Digitalization Strategy to Reduce Risk and Enable Operational Excellence?

R&D | 14.3.2019

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