Intelligent CIO Europe Issue 79 | Page 21

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EUROPEAN COUNTRIES EXPECT THEIR BUSINESS REVENUE TO GROW BY 19 % AS A RESULT OF IMPROVED CONNECTIVITY

Two-fifths of organisations are upgrading to cellular connectivity to take advantage of technologies like IoT and AI to support sustainability goals and the rush to adopt new technology is leaving networks exposed after nearly half of firms report being the victim of a successful cyberattack over the last year .

Cradlepoint , part of Ericsson , a leader in clouddelivered LTE and 5G wireless network and security solutions , has published the latest findings from its annual State of Connectivity in Europe report which explores the views of the UK , France , the Netherlands , Germany and Italy .

The report found that an overwhelming majority ( 98 %) of technology decision-makers sampled expected revenue to grow if they improved their connectivity infrastructure , with over a fifth ( 22 %) expecting it to increase by up to 29 %. This equates to an expected average of 19 % business revenue growth as a result of improved connectivity .
According to the survey , conducted by Censuswide , two-thirds ( 65 %) of firms believe a portion of this revenue growth will come from increasing sustainability
Despite the fact the benefits of cellular networks are becoming more understood , it is clear from our research that there is still a lot of work to do if businesses are to unlock their full potential .
efforts . However , for this to come to fruition , a similar number ( 64 %) believe they need smarter facilities to boost their operational sustainability . This is why two-fifths ( 42 %) of organisations are prioritising upgrading their connectivity infrastructure with cellular connectivity , so they can take advantage
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