Five standout tech messages here for me from this DLA Piper report launched at their Tech Law London event this week: 1. Comfort with cloud; 2. Cyber confidence/concern; 3. AI acceptance; 4. Digital transformation reticence and 5. Harnessing big data
- Comfort with cloud: only 47% view security and data privacy as barriers to cloud adoption (55% in 2016)
- Cyber confidence/concern: while 96% feel they have extremely/fairly secure cyber measures, 44% ranked their cyber worries at 8+ out of 10
- AI acceptance: only 36% feel that potential job losses are a barrier to acceptance of AI/robotics (47% in 2016) and less overall concern regarding the drawbacks of AI
- Digital transformation reticence: 46% consider investment requirement to be a drawback to digital transformation (35% in 2016) while 41% consider lack of staff expertise/skills to be a barrier (33% in 2016)
- Harnessing big data: more than 5 times as many respondents in 2018 (relative to 2016) believe that Finance or Sales departments will benefit the most from big data analytics.
DLA Piper's fourth Tech Index study into the perceptions and attitudes of European technology growth. As ever, we review how attitudes are changing regarding market developments, shifts in the financial regulatory landscape, and government policies designed to spur business innovation in an increasingly uncertain and disruptive world