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A recent survey shows that changes brought about by the pandemic have meant that IT buyers from companies working on digital transformation now value cybersecurity the most.
Survey of IT Business Leaders
A survey, conducted among IT business leaders attending the all-virtual Digital Transformation Expo this month, called DTX: NOW, showed that 26% of respondents put IT security at the top of their digital transformation list. A close second place was the cloud at 21%.
Pandemic Accelerated Digital Transformation
As shown in survey results published last month by Studio Graphene, the need to quickly shift staff to working from home due to lockdown was a driver of digital transformation for businesses. The survey showed that nearly half (46 per cent) of business leaders said that Covid-19 had driven the most pronounced digital transformation that their businesses had experienced.
Adapting Cloud Strategy
Since the pandemic lockdown caused an increase in staff working from home, businesses have been forced to adapt their cloud strategy and their cybersecurity measures. Businesses must change their cultures to ensure they continue to function optimally.
Challenges and Advantages of Digital Transformation
The survey found that the biggest challenges to digital transformation projects were identified as being changes in the scope, reduced budgets, and changes in team structures. At the same time, the survey results revealed that the need to ensure that all employees could work from home revealed IT issues that may not otherwise have been addressed, thereby helping the business to modernise and realise which areas needed investment going forward.
New Ways of Working
With further restrictions, local lockdowns, the possibility of new, stricter restrictions ahead and a decidedly uncertain near future for traditional office-based working, the pandemic has driven diversification of work methods and structures. Flexible, smarter, hybrid working, involving different locations looks to be a reality for businesses as we try to gain more control in an increasingly unpredictable world and business environment.
What Does This Mean for Your Business?
The results of the survey appear to support the idea that necessity has driven digital transformation. The pandemic has encouraged businesses to identify their weaknesses and identify where investment is needed. It has been a catalyst for propelling businesses forward and has led them to quickly and clearly see that cybersecurity is vital.
The lockdown has demonstrated how flexible models of work can benefit both employers and employees. Changes have been difficult; people and their organisations have been forced to adapt to change quickly, however, the lessons learned in digital transformation have boosted confidence within organisations. People are discovering that they have the flexibility, creativity, experience and ability to weather the storm and reinvent how they work.
Discover the 3 critical areas of success that constitute the foundation of contemporary financial leadership.
The term “Big Stay,” reflects the current trend of declining staff turnover and a reduction in job vacancies. In this new era, employees are increasingly prioritising stability over change, leading to fewer job openings and a growing reluctance to switch employers.
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