Network security a new business priority

Preventing IT network failures could save Asia-Pacific businesses billions annually, Expereo survey finds

- 

Half of Asia-Pacific businesses have been forced to urgently reevaluate their tech infrastructure following a wave of high-profile IT outages, according to Expereo, a multinational provider of managed networks as a service.

Network instability is taking a serious toll on businesses in the region, with over 50% reporting revenue losses of $5 million or more due to network outages or poor performance. The findings come from an IDC InfoBrief commissioned by Expereo, titled "Enterprise Horizons 2025: Technology Leaders Priorities: Achieving Digital Agility".

In light of the challenges seen over the past year, ranging from cybersecurity breaches to connectivity failures, 40% of tech leaders in the region now report that networking and connectivity have risen higher on the C-suite agenda.

The broader impact is that networking/connectivity and cybersecurity now top the list of investment priorities for Asia-Pacific businesses over the next 12 months: 48% for networking/connectivity, 46% for cybersecurity, followed by AI at 38%.