cybersecurity network security The GSMAi noted that companies are planning to allocate 9% of their revenue to digital initiatives between 2024 and 2026 Enterprises are increasingly prioritizing cybersecurity and revenue growth over cost-cutting as they accelerate their digital transformation, according to a new report by GSMA Intelligence (GSMAi). The study, titled “ The Rise of Digital Industries: Navigating Enterprise Needs, Investments, and Supplier Decisions ,” highlights that 60% of businesses emphasize revenue growth, customer experience and competitive advantage as primary objectives for their digital transformation efforts, rather than cost-saving measures. The report also noted that investments in digital technologies are expected to rise significantly over the next six years, with companies planning to allocate 9% of their revenue to digital initiatives between 2024 and 2026, increasing to 11% from 2027 to 2030. The GSMAi report also revealed that 85% of enterprises view 5G networks and connectivity as crucial to their digital transformation, with nearly half identifying it as extremely important. Enterprises are expected to allocate 21% of their digital transformation budgets to connectivity and related devices, 13% to mobile (including 5G), and 8% to fixed and Wi-Fi networks. The report also highlighted that the features that enterprises value most […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
