British companies believe enhanced 5G connectivity will be fundamental to maintaining the country’s position as a global technology leader and leading revenue generation, ahead of robotics, smart cities and artificial intelligence. But Cradlepoint research shows they feel held back by skills shortages and the UK government’s inadequate investment in innovative technology.
of Europe connectivity status The Ericsson-owned cloud-delivered LTE and 5G wireless network and security solutions provider’s survey was conducted by Census Wide and surveyed technology decision-makers from companies with more than 250 employees in the UK, as well as France and the Netherlands. I investigated. , Germany and Italy.
The plan includes executives and executives from many vertical sectors, including architecture, arts and culture, education, finance, healthcare, human resources, IT, telecommunications, legal, manufacturing, utilities, retail, catering, and retail. , input from senior managers was taken into account. Leisure, Travel & Transportation, Government, First Responders, Public Transportation, Automotive, Building Management, Supply Chain & Logistics, Maritime, Agriculture.
Almost all decision makers (98%) in each country expect their revenues to increase if connectivity infrastructure improves, with more than a fifth (22%) expecting an increase of up to 29%. This equates to an average 19% increase in business revenue expected from improved connectivity. Two-thirds of companies believe that part of this revenue increase will come from increased sustainability efforts.
But to achieve this, a similar number (64%) said they needed smarter facilities to make their operations more sustainable. That’s why two-fifths (42%) of organizations are prioritizing upgrading their connectivity infrastructure with cellular connectivity to take advantage of technologies such as the Internet of Things (IoT) and artificial intelligence (AI). is cited as the main factor. Make your business more resilient and efficient while supporting your sustainability goals.
Importantly, the study found that companies are also using it to secure a “rapidly expanding attack surface” for European companies. Cradlepoint has warned that with the push to introduce new technologies such as IoT sensors, IT teams are losing track of what’s running on their networks. Overall, 77% of companies say they are unsure both how many IoT devices are currently connected to their network and how many more they can add in the future.
Cradlepoint also noted that given the fact that almost half (45%) of surveyed companies across five countries experienced a network security attack in the past 12 months, 26% of which were due to compromised IoT devices. We have emphasized that it is clear that: All too often, organizations leave gaping holes in their network infrastructure that criminals can exploit.
In the UK in particular, almost half (47%) of respondents named 5G communications as the most important technology for the country to maintain its status as a leading technology power. This outpaced other leading technologies, including the Metaverse (32%), robotics and automation (30%), 3D printing (29%), and even the rapidly expanding world of AI (8%).
Despite the growing uptake of private networks in the country, UK businesses say they are being held back from rolling out their own mobile networks, with 32% citing a lack of digital skills and 25% citing the complexity of change. He said he believes this is an important hurdle for the organization. .
Similarly, 68% of businesses believe that despite the UK Government’s Wireless Infrastructure Strategy, overall investment in wireless connectivity remains too low, preventing further progress. In fact, 59% believe poor connectivity prevents students from developing the skills they need to succeed in modern society, and 62% believe poor connectivity has a negative impact on public transport. We believe that
James Bristow, senior vice president, EMEA, Cradlepoint He said one thing is clear from the research.
“Our data shows that security risks, concerns about complexity and skills shortages remain key concerns for organizations wanting to explore this technology more acutely,” he said. “Identifying a mobile phone network that is secure, quick and easy to install allows organizations to safely deploy new technologies without increasing risk to their infrastructure. Strengthening collaboration with industry leaders and technology partners This will further spur economic growth and enable our country to continue to compete on the global technology stage.”
