Business leaders focus tech investments on cybersecurity

It is most crucial to their success over the next 10 years.

Cybersecurity solutions topped the list of technology investment priorities of business leaders in Singapore, according to the latest report by Fujitsu.

Business decision makers plan to implement digital technologies in the next 12 months, such as cybersecurity solutions (76%), big data and analytics (72%), and cloud computing (66%).

Whilst big data and analytics was considered the most important technology for business’ financial success (80%), majority of the respondents (74%) think that cybersecurity systems are most crucial to organisational success over the next 10 years.

A recent report by United Overseas Bank, EY, and Dun & Bradstreet revealed that six in ten small and medium enterprises in Singapore prioritise technology investments over fixed assets this year to help drive business performance.

Fujitsu’s Digital Transformation PACT report was participated by 1,625 business decision makers worldwide, including 50 from Singapore.

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