Business leaders today are being pushed toward the rapid adoption of technology, especially in the wake of the COVID-19 pandemic – so much so that the term ‘digital transformation’ became a major trend. While tech is vital to the success of forward-thinking companies, many investments made in the name of digital transformation are revealed to be purchases that were “technology for the sake of technology”.
In today’s increasingly digital world, organizations must balance investment in uptime and experience with capital expenditure toward ongoing innovation. More than ever before, uninterrupted digital operations are responsible for the fiscal success of companies. Yet, these digital landscapes are major areas of vulnerability to business continuity. Today’s digital service disruptions can greatly affect people, facilities, assets and a company’s brand.
The world is changing, and with great change comes an evolving threat landscape. Increases in physical and digital disruption, such as civil unrest, cyberattacks, severe weather events, and unplanned outages, have left many industries scrambling to secure a robust operational resilience strategy, including the cellular industry. Today’s evolving threat landscape poses a unique threat to cellular carriers, whose business is growing at a breakneck pace.
Maintaining stable business operations is key to keeping up with competitors and potentially surging past them when disruptions occur. Given the growing number of risks companies face today, businesses will continue to face ever-changing disruptions, and quickly acting on them requires having a solid business continuity plan (BCP) in place. Is your organization prepared to respond to the myriad of threats that have arisen in recent years?
Across the globe, both public and private sectors are more concerned than ever about addressing climate change and its associated risks. “In the period 2000 to 2019, there were 7,348 major recorded disaster events claiming 1.23 million lives, affecting 4.2 billion people (many on more than one occasion) resulting in approximately US$2.97 trillion in global economic losses,” according to a report conducted by the UN Office for Disaster Risk Reduction (UNDRR).