Firms investing in cloud, mobility, security, and “Big Data” growing more than 50%, according to a study by Dell.
Organizations actively using cloud, mobility, big data or security technologies are experiencing up to 53% higher revenue growth rates than those that have not invested in these technologies, a Dell study said.
The study further said despite this strong link between technology use and revenue growth, cost was cited as a main barrier to implementation or expansion of these technologies.
Other details of the study are also included in Dell’s second annual Global Technology Adoption Index, or GTAI 2015.
In 2014 and again in 2015, the GTAI surveyed IT and business decision makers of mid-market organizations around the world to understand how they perceive, plan for and utilize four key technologies: cloud, mobility, security and big data.
Major global trends emerged from the first wave of findings, including rising investments in cloud, mobility, big data, and security.
Organizations that have invested in technology are growing faster, recognizing the advantages of security and are becoming more strategic in their security-related investments, the study said.
The Dell study further said globally, organizations actively using big data, cloud and mobility have up to 53% higher growth rates than organizations not investing in these technologies.
The study said organizations with “better security” as a business goal are more likely to have security plans in place for some or all types of security incidents (69% versus 58% of their counterparts where “better security” is not a business goal.
The 2014 report found that security was by far the biggest barrier to adoption of these technologies. This year, cost became a more pressing concern globally.
Organizations globally named business teams as leading the adoption of big data and mobility much more frequently than IT teams. This might explain why business decision makers in organizations surveyed were more likely than their IT counterparts to feel their organizations took good advantage of big data, the study said.
While companies consider cost a significant barrier to technology adoption, the GTAI 2015 shows that the companies who have allocated budget for meaningful investments in technology have seen overall company growth across several important measurements of progress.