
Prefer 'tried and tested' systems to cope with information explosion...
Published: 17 January 2003 13:20 GMT
UK businesses are bracing themselves for an 'information explosion' this year - but are reluctant to use leading edge technology to cope.
A poll of 40 IT directors from FTSE 100 companies conducted by Optima Research on behalf of database optimisation specialist CopperEye found that 35 believe IT will play an increasing role in meeting their business objectives during the next three years, and that spiraling volumes of information will need to be tackled.
Well over a third of the IT directors surveyed felt the amount of data that will need to be processed in the next three years will increase by 100-fold or more. Just under a third expect a 10-fold increase.
The report also revealed that in an uncertain economic climate, buyers of technology tend towards products and services that are tried and tested, rather than being a guinea pig for innovative technology.
Only two companies indicated that they would look for innovative technology to address their business issues. More than half said they would implement new technology, but only once it had proved its worth and stability, while the rest said they would consider market-leading, tried and tested solutions.
It is highly unlikely that companies will risk their future business on the back of new technologies, however good they may profess to be, the study concludes.
Steven Rose, CEO of CopperEye, said: "Looking at the results, we believe that companies are being put under more pressure to deliver effective information that is critical to operations. It indicates that decisions regarding technology solutions will need to be a lot smarter than in the past and that more economical solutions will be purchased to deliver increased efficiencies."
You will also have a sound operating knowledge of database management and query optimisation. ll want to take ownership of the IT department and ...
The work is high-profile and offers continuous exposure to senior Directors across the group, combined with the opportunity to swiftly deliver ...
You will develop long-term strategic relationships with Functional Directors, advising them on the selection of systems and technology to meet their ...
Agenda Setters 2009
Welcome to the ninth annual Agenda Setters poll – silicon.com's list of the top 50 most influential individuals in the technology and IT industries, from techies and CIOs to entrepreneurs and business leaders. Find out more in our latest special report.
Data Protection Strategies: Deduplication for More Efficient Backups
Dell PowerVault DL2100 Powered by CommVault - Spec Sheet
True Convergence Demands a Communication Service Provider that Embraces a Customer-Centric...
Learn how Performance Metrics for Telcomm Expense Management Drive new ROIs and SLAs
Stories from the web...
Copyright © 2008 CBS Interactive Limited. All rights reserved. Top of page
Mark Crichard Doing business with citizen developers: Beware the legal pitfalls Legal Eye: Make sure your business is protected from potential hazards
Tim Ferguson How CIOs can achieve post-recession success Q&A: McKinsey & Company on living in the 'new normal' business world