UK businesses spend more on legacy IT and less on innovation - report

Sooraj Shah
clock

Fifty-three per cent of IT budgets in the UK are spent on legacy systems, with only 34 per cent on new equipment and apps

UK businesses spend more of their budgets on legacy equipment than French and South African firms but less on innovation, according to a report commissioned by IP networking vendor Sonus Networks. ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Global government networks breached in 'ArcaneDoor' espionage campaign

Hacking

Threat actors compromised networks using Cisco zero-day exploits

clock 26 April 2024 • 2 min read
Atlassian releases security updates to address high-severity bugs

Threats and Risks

Company advises users to upgrade their instances to the latest available version

clock 25 September 2023 • 2 min read
Fortinet releases advisory on critical vulnerability

Threats and Risks

Vulnerability affecting FortiOS and FortiProxy, could allow remote code execution or DoS attacks

clock 09 March 2023 • 3 min read

More on Strategy

All change? The CIO challenge in the next five years

All change? The CIO challenge in the next five years

The new CIO is one who shapes strategy, rather than having it forced upon them

Ankur Anand
clock 30 April 2024 • 5 min read
How to manage a business during hyper growth

How to manage a business during hyper growth

IT leadership helped double production and sales

Samara Lynn
clock 29 April 2024 • 2 min read
Asian Tech Roundup: Apple's charm offensive

Asian Tech Roundup: Apple's charm offensive

Plus, South Korea's AI investment

Tom Allen
clock 19 April 2024 • 5 min read