Cyber threats increasing likelihood of IT outsourcing deals

Cyber threats increasing likelihood of IT outsourcing deals

Growing concerns over cyber threats have will lead to more than a third (37 per cent) of IT operations at small or medium-sized companies being outsourced over the next five years.

That is the main finding of a recent survey carried out by Vanson Bourne, which also discovered that many IT directors are looking to secure their systems (55 per cent), as well as reduce costs (67 per cent) when they decide to outsource IT systems.

The study found many businesses are finding it hard to muster the resources needed to keep up with the changing cyber landscape, making the prospect of outsourcing services to an expert third party all the more appealing.  

Mark Lewis, outsourcing lawyer at Berwin Leighton Paisner, told Computer Weekly that although cost has always been a factor, security is becoming increasingly influential in outsourcing decisions.

“The complexity of managing and keeping up to date with cyber threats is leading smaller companies, and those not regulated to outsource."

Indeed, SMBs arguably have more reasons to opt for outsourcing their IT operations, as many larger organisations have the resources to adapt to changing face of the cyber landscape.

Yet with the rapid advances in the digital age, many SMBs feel safer in placing their operations in the hands of experts.

Other reasons given include the desire to make their organisation more agile (50 per cent) and optimising existing IT resources (40 per cent).