Firms understand importance of investing in connectivity, survey suggests

Firms understand importance of investing in connectivity, survey suggests

Businesses are eager to invest in upgrading their technology, including their internet and data services connections, according to a recent survey carried out by the Corporate IT Forum.

The survey, commissioned by TalkTalk, found that 42 per cent of the 500 company owners surveyed, said their business activities would be most disrupted if their internet and data services connectivity was lost.

In addition, a third said that faster connectivity would be the technology investment that would have the most benefit to their business.

The survey also revealed that almost half of the businesses questioned said their IT department was considered ‘the A Team’ as they are always needed to help ‘save the day' when a crisis occurs.

Although many businesses seem aware of the benefits of investing in faster connectivity and better managed networks, there are still a fair number that remain in the dark about the benefits. Some 33 per cent of the company owners surveyed said they did not consider investing in their IT and technology as necessary for the future success of their business. However, three quarters did admit that firms that invest in technology and connectivity are considered to have a competitive advantage over rivals that prioritise other areas.

The results of the survey were considered interesting enough to convince TalkTalk to invest in a further piece of research, which will look specifically into the impact technology investment has on businesses. The results of this study are to be released in the third quarter of this year.

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