Why ‘Resilience’ Should Top Your Business’s List of Resolutions for 2024

Whether you’re a small business navigating digital transformation or a multinational corporation attempting to safeguard customer data in an ever-evolving threat landscape, businesses across the board have one New Year’s resolution in common: resilience.

This ability to recover quickly from difficulties is an undeniable asset in 2024. In an era marked by rapid technological advancements and unpredictable market dynamics, building a robust IT ecosystem is not just a goal but an imperative. With the increasing prevalence of cyber threats, data breaches, supply chain disruptions, and emerging technologies that evolve faster than you can say “generative AI hallucinations,” companies today must adopt a mentality of both vigilance and adaptability.

Dell’s IT and infrastructure solutions are designed to meet these challenges head-on, providing businesses with the agility and robustness required to navigate uncertainty. Below is a brief overview of what resilience looks like in 2024, as well as a few strategies for bolstering your business’s ability to stay a step ahead.

What does “resilience” mean for businesses in 2024?

Resilience in 2024 is the corporate equivalent of survival instinct. It’s an organisation’s capacity to anticipate disruptions, adapt to events, and recover in a way that maintains “business as usual”—and even capitalizes on change. For businesses, this means not just bouncing back but also leaping forward, turning potential crises into opportunities for growth.

In 2024, resilience is particularly crucial—and it’s likely to be a mounting priority over the next five years. Gartner’s strategic predictions for the near future emphasise the growing impact of generative artificial intelligence, with AI’s productivity value becoming a key economic indicator. Gartner also highlights some budding challenges for businesses, including energy rationing impacting operations and potential road bumps as AI begins to supplement or replace legacy systems.

Similarly, IDC’s FutureScape report predicts a significant shift in IT industry spending toward AI, with more than 40% of core IT budgets of major organisations expected to be dedicated to AI-related initiatives by 2025. It also outlines potential challenges such as inevitable infrastructure changes, widening skills gaps, and wavering data control.

All these trends will require a business mindset of proactivity and innovative adaptation. Ultimately, an emphasis on resilience embodies readiness to handle AI-driven market shifts, the agility to respond to disruptive global events, and the competence to withstand other unexpected upheavals.

Strategic moves to bolster resilience

While a resiliency strategy looks different within different industries, there are a strategies that can benefit just about any business model. Below are five ways businesses can fortify their future.

Adopt advanced server solutions: Servers are the backbone of modern business—so it’s critical to have servers that are engineered to mitigate risks and manage workloads efficiently. By integrating advanced servers into IT infrastructure, businesses can ensure minimal downtime and maximized efficiency, crucial for maintaining operations under varying loads and conditions.

Dell’s cutting-edge servers offer unparalleled performance and reliability. For businesses looking to accelerate digital transformation or optimize workloads across the board, Dell offers a robust portfolio of servers and related products.

Consider cybersecurity enhancements: Cybersecurity—both proactive defenses and reactive measures—is an inextricable part of resilience. In 2024, cybersecurity experts predict key trends like increased sophistication of ransomware, the rise of AI-powered social engineering attacks, and growing vulnerability of Internet of Things (IoT) devices.

It’s critical that businesses implement measures such as threat hunting and zero-trust architectures to protect against cyber threats, ensuring data integrity and continuity. Proactive steps might include conducting regular security audits[KN2] , implementing employee training programs, and adopting a robust incident response plan.

Prioritise cloud integration and flexibility: The cloud has evolved beyond a “nice-to-have” in today’s enterprise environment. With cloud-integrated systems, businesses gain the flexibility to pivot as market demands evolve, enabling swift response to emerging trends and opportunities. Effective cloud integration supports workload mobility, disaster recovery, and the ability to scale resources in real-time—a triad that fortifies resilience.

Focus on data analytics and AI: As both Gartner and IDC note, generative AI is one of the buzziest trends currently impacting businesses across just about every industry or sector. Not only is AI capable of automating complex tasks, but it may also be able to bolster your business’s resilience.

AI capabilities can transform raw data into actionable insights by identifying patterns, predicting customer behavior, and optimizing decision-making processes. As such, AI investment in 2024 is projected to surge, with a focus on ethical AI development and explainable AI systems.

Invest in sustainable technology and future-proofing: Sustainable technology solutions not only support environmental goals but also ensure compatibility with future advancements and potential regulatory changes. In the context of IT infrastructure, several methods of future-proofing include investing in modular hardware, leveraging open-source software, and adopting energy-efficient practices. (Learn more about Dell’s approach to sustainability here.)

In 2024, resilience is about creating business ecosystems that not only survive but thrive in the face of adversity. By embracing strategic moves, your company can set the stage for sustainable growth and innovation in the rapidly evolving digital expanse.

Take the step toward a more resilient future. Explore Dell’s IT solutions to transform your business today.