Information System

Half of businesses now using online or cloud backups, but 15% still using tape, says Databarracks research

New research by Databarracks has revealed that 15% of organizations are still using a combination of disk and tape backups, with 51% now using online or cloud backups.

The findings are from Databarracks’ 2021 Data Health Check. Running since 2008, the annual report surveys over 400 IT decision-makers in the UK on cloud, backups, cybersecurity, IT resilience and remote working.

Other key figures from the report include:

IT capabilities becoming value drivers in highly selective IT services mergers and acquisitions landscape

London, UK – 02 September 2021. The latest IT & Business Services M&A market report from Hampleton Partners, the international technology mergers and acquisitions advisor, reveals that the wave of M&A interest in IT Services has abated, although valuations are picking up again.

The IT & Business Services sector saw a dip in the number of M&A transactions in the first half of 2020, with 326 deals recorded compared to 437 deals in the second half of 2020.

In the first half of 2021 the trailing 30-month median EBITDA multiple ticked up to 8.9x, while the trailing 30-month revenue multiple maintained a higher than median level at 1.2x.

The Digital Revolution's Impact on These 4 Growing Industries

We are currently in the midst of the Fourth Industrial Revolution (4IR), which includes the data and technology used to link people and machines globally. 4IR includes everything from artificial intelligence (AI) to 5G to smart infrastructure.

In a study by the Center for Sustainable Development, Southern Santa Caterina, Brazil, scientists took an in-depth look at how COVID-19 ushered in the 4IR faster than expected. With more people forced to work from home, businesses had to embrace technologies they'd not yet considered. Advances in healthcare saw some of the biggest changes, including telemedicine. 

5 Tips for Developing Your Employer Branding Strategy

Talent acquisition and talent retention are the two internal pillars mimicking the process of customer acquisition and retention, both equally vital for your organization. Despite their relevance, somehow, many businesses still fail to build an actual strategy that helps keep employees happy and engaged. One particular approach that contributes to the overall success of your organization is employer branding. In the US and other thriving business regions, a company needs to brand itself not just from a consumer’s perspective, but from the perspective of a potential employee.

Everything You Should Know Before Purchasing Insurance For Your Business

Only around 50% of businesses [PDF] make it past the 5-year mark. Making a small, regular, and gradual investment into a business insurance policy may have protected them from going out of business.  Business insurance exists to keep your savings and profits intact. Small businesses especially can shut down after a single lawsuit, and an appropriate liability insurance policy could be a lifesaver. In the text below, you’ll find relevant, up-to-date information on insurance for business ventures, as well as some additional tips for business owners.

Remote Work Is Here to Stay and Here's Why

When the COVID-19 pandemic swept the globe, companies everywhere had to figure out ways to keep running while social distancing and protecting the health of their employees and customers. Remote work became more mainstream than ever before. 

Upwork's recent Future Workforce Pulse Report indicated about 41.8% of Americans remain fully remote and 68% of managers say it is getting easier to adapt to work from home solutions. Although telecommuting was a temporary solution to a sudden catastrophe, it is quickly shaping into something lasting.

SML RFID Launches High Performance GB3U9 to meet today's supply chain needs and in-store operations

DALLAS, TEXAS, 6 APRIL 2021: SML RFID has today announced the latest addition to its range of high performance RFID inlays, one of the market’s first UCode9 ARC certified inlay - GB3U9. Designed to support retailers with a wide spectrum of inventory management and customer experience use cases, the GB3U9 is equipped with the latest RFID chip from NXP, UCODE 9, enabling industry best read sensitivity, resulting in high quality and rapid inventory counting in dense RFID tag populations.

How Industry 4.0 and Automation Grew the World's Economy

The fourth industrial revolution is all about automation and the internet of things (IoT). Industry 4.0 drives innovation and introduces new ways for people to be more productive. It changes the scope of everything from the types of jobs available to how humans perform those tasks. 

The World Economic Forum found connectivity has reached a global scale. There are approximately 8.5 billion devices connected to the IOT. The COVID-19 pandemic accelerated the need for automation and remote work, advancing the IOT faster than expected.