TRENDING
TECHNOLOGY INVESTMENT TO FAST-TRACK UK LARGE ENTERPRISE GLOBAL GROWTH IN NEXT 12 MONTHS
New research from Expereo reveals nearly four-in-10 UK CIOs believe global growth ambitions are constrained by legacy systems and fast growth economies are lower priority due to perceived complexity . Ben Elms , Chief Revenue Officer at Expereo , offers further insight into the findings .
UK CIOs of large global enterprises are increasing investment in technology to drive growth through global expansion in the next 12 months , according to new research announced by Expereo . The research of over 200 CIOs in the UK shows that half ( 48 %) have secured increased technology budgets specifically to deliver growth and overcome existing challenges .
The new insights , which are part of a global survey of over 650 CIOs in businesses with over US $ 500 million annual revenues across Europe , US and APAC , also shows that nearly four-in-10 UK CIOs ( 38 %) feel that their global business ambitions are constrained by legacy connectivity and management systems . It also highlights that organisations may be missing growth opportunities by failing to prioritise geographic regions with some of the world ’ s fastest growing economies , due to perceived complexity and challenges to market entry .
“ The biggest businesses in the UK and across the globe are moving faster to the future ,” said Ben Elms , Chief Revenue Officer at Expereo . “ They are focusing on driving growth through global expansion , despite the complexities and challenges to overcome .
“ The business-critical nature of connectivity in today ’ s world combined with an increasingly complex landscape – from security , regulation , skills and often challenging physical and geo-political infrastructure – means this is no easy task . However , it is achievable . Those that find a way to simplify , automate and scale their operations will be in the best position to reap the rewards and deliver growth .”
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