Small and Medium Enterprises (SMEs) have encountered increasing burdens over the last few years, from challenging economic conditions to a dramatically evolving cyber threat landscape. Today, 43% of cyber attacks are targeted at SMEs, and only 14% of targeted SMEs were prepared to handle such attacks. An astonishing 75% of those SMEs attacked could result in permanent closure if unable to recover data.
All segments of the cloud market are predicted to see growth in 2023, according to research by Gartner. In an April Press Release, the firm forecasts that global spending on public cloud services will exceed 21% this year, totaling $597.3 billion overall in 2023. This is up over $100 billion from last year’s (mere) $491 billion.
For anyone who follows industry trends and related news I am certain you have been absolutely inundated by the torrent of articles and headlines about ChatGPT, Google’s Bard, and AI in general. Let me apologize up front for adding yet another article to the pile. I promise this one is worth a read, especially for anyone looking for ways to safely, securely, and ethically begin introducing AI to their business.
