Australian businesses plan major investments in digital technologies

Australian businesses are making major investments in digital technology to support their ambitious expansion plans, as results from the 2,900 IT decision makers surveyed worldwide in Equinix 2022 Global Technology Trends Survey reveals.

Equinix’s annual survey of technology decision makers reveals that businesses remain optimistic about their plans to expand globally, and indicated that in Australia:

74% say they have a plan in place to manage the environmental impact of growing data usage.

68% report sustainability is now one of their organisation’s most important drivers with commitments made to science-based targets.

75% of IT leaders said they plan to move more business functions to the cloud.

Of those respondents, half plan to move more of their business-critical applications, and more than half (55%) intend to move security functions to the cloud.

69% of respondents said they are moving to an everything as a service (XaaS) model, citing the simplification of IT infrastructure.

65% will only work with IT partners who can meet key carbon reduction targets.

68% report sustainability is now one of their organisation’s most important drivers with commitments made to science-based targets.

61% are measuring and actively trying to limit the environmental impact of their IT equipment.

According to their digital-first strategies, 85 percent of Australian respondents agreed that compliance with local market data regulations was critical.

82% stated cybersecurity as a top priority, and 75% emphasized the importance of futureproofing their businesses.

Managing director at Equinix Australia Guy Danskine says the survey illustrates that Australia’s digital leaders, despite economic uncertainties and other challenges, will invest in and plan for continued digital expansion to ensure their future business success.

President of Equinix Asia-Pacific, Jeremy Deutsch says ““This current trend is in line with findings from our latest study, where 85% of IT leaders in Asia-Pacific were confident about global expansion strategies,”

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