Photo by John Schnobrich on Unsplash

IT leaders unveil the main factor affecting their firm’s willingness to invest in innovative tech

Digitisation is fundamental to unlock new revenue streams, says 9 in 10 IT leaders.

Cybersecurity issues and concerns are hampering organisations from investing in innovative technology, according to six in 10 (60%) IT leaders.
This fear likely comes from the fact that nine in 10 firms in Singapore either consider emerging tech a danger or admit to having experienced a breach because of it, according to HPE Aruba Networking’s research.

IT leaders (97%), however, underscored that digitisation is fundamental to unlock new revenue streams. Many IT leaders (91%) also believe that their respective organisations need “high levels of transformation” over the next 12 months to succeed.

About eight in 10 IT leaders (79%) also expressed concerns about their organisation’s ability to keep up with the latest tech and digital demands.

Currently, only a few IT leaders believe their organisations are innovative (35%) and secure (35%).

What can link security and innovation is a network, according to IT leaders. Fifty-three per cent of them believe the network can support greater innovation. 

In Singapore, however, organisations are starting to press ahead with network-based security solutions including, Security Service Edge (SSE) or similar edge-to-cloud security (91%), policy-based network access control (90%), and Secure Access Service Edge (SASE) security (91%). 

The research, however, suggests that firms still need help tying these investments together to realise their benefits.

Data from HPE Aruba Networking showed that only 45% of Singaporean IT leaders believe their current network can deliver or support flexible enterprise security and even fewer see its role in supporting emerging technologies (32%).

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!