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    Navigating the storm: A third of UK business leaders have accelerated plans for cloud investments

    September 21, 2021

    London, 21 September 2021 – New research released by Sungard Availability Services (Sungard AS), reveals that 35% of UK senior business decision makers have accelerated plans for cloud investment following the pandemic.

    The findings from the Was it Love or Just Lockdown? report highlight that, despite 53 percent of business leaders suspecting that unnecessary technology investments have been made since the onset of the pandemic29 percent believe third-party technology partners will become a more integral part of supporting overall business operations long-term. The same percentage will look to them for guidance on how they can scale their cloud infrastructure further.

    Relationships with third-party technology partners were vital to helping businesses stay resilient and keep operations afloat throughout the coronavirus pandemic, but as the economy rebounds organisations are assessing where to prioritise going forward. Sungard AS surveyed 500 senior decision makers in the UK at organisations with 500+ employees, to better understand how these relationships have developed and see how they are influencing technology adoption and investment plans post-pandemic.

    Over the next three years, respondents plan to seek advice from technology vendors on a number of areas, of which cloud constitutes almost half:

    • Cyber security (29 percent) 
    • Cloud connectivity (27 percent)
    • Artificial Intelligence (AI) (25 percent)
    • 5G (24 percent) 
    • Cloud adoption (23 percent)

    It’s great to see so many organisations looking to put in place longer term strategies and commit to cloud investment to set their businesses up for the future. As businesses accelerate cloud investments, they also need to be cognizant of the onslaught of sophisticated cyber attacksIt’s therefore comforting to see that cyber security is the number one area that business leaders will seek advice from providers in the coming years,” comments Chris Huggett, Senior Vice President, EMEA & India at Sungard AS

    With hackers expanding their capabilities and intent, outsourcing cyber security requirements will help to lift the pressure on in-house security teams, supplying experts to help mitigate risk or respond to a threatWorking with a third-party also provides 24/7 cover so organisations aren’t left vulnerable by staff absences Huggett continues. 

    Elsewhere, findings from the study reveal a quarter of senior business leaders want to be better placed to reap the benefits the cloud can offerWith more than half of respondents (54 percent) reporting technology spending increased during the past 12 months, two-thirds (66 percent) admit investments were only made to support short-term goals

    Huggett concludes, “Organisations are realising the importance of investing in advancing technologies to innovate, such as AI and 5G, as well as seeking further benefits from the cloudSenior business leaders better understand how technology investments impact their business and want to know how they can innovate further in future. As such, they need to partner with third-party providers to adopt a cloud ready approach to reap the benefits the cloud, and other technologies, can offer in years to come.

    A copy of the complete findings from the study can be found here.

    About the research 

    Sungard AS commissioned research to explore the views of 500 senior decision makers in UK companies with 500+ employees between May and June of 2021.   

    About Sungard Availability Services 

    Sungard Availability Services (Sungard AS) is a leading provider of cloud-connected infrastructure solutions serving enterprise customers from 75 hardened data centers and workplace recovery facilities in nine countries. Sungard AS has a 40-year track record of delivering resilient and highly available hybrid IT solutions. Backed by high performance networks, Sungard AS modernizes customers’ end-to-end IT across connected infrastructure, cloud, recovery and workplace solutions. Working with customers to understand their business objectives, Sungard AS identifies gaps in customers’ current environments and tailors a solution to achieve their desired business outcomes. Visit Sungard AS atwww.sungardas.comor call 1.888.537.6519. Connect with us on our blog, LinkedIn,Twitter, Facebook and YouTube. 

    Sungard Availability Services is a trademark or registered trademark of SunGard Data Systems or its affiliate, used under license. The Sungard Availability Services logo by itself and Recover2Cloud are trademarks or registered trademarks of Sungard AS New Holdings III, LLC. or its affiliates. All other trade names are trademarks or registered trademarks of their respective holders. ©2020 Sungard Availability Services. All rights reserved. 

    The abbreviation for Sungard Availability Services is 'Sungard AS' as cited above. Please use 'Sungard AS' when abbreviating the name rather than 'Sungard' or 'SunGard,' which may confuse the reader with another separate company with a similar name. 

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