Predict your next investment

INTERNET | Internet Software & Services / Email
nexor.com

See what CB Insights has to offer

Stage

Private Equity - II | Alive

About Nexor

Provider of high tolerance messaging and directory solutions to the government, military, finance and telecommunications markets. They specialize in environments where it is absolutely critical that a message gets through, where the existing infrastructure is typically complex and where the need for performance, reliability and scalability are paramount. Their technology comes from research done in the late 1980's. Since then they have been involved in the development of messaging and directory standards. Their research has generated international interest and led to military projects being commissioned in the UK and the US.Their customers include the (UK) Ministry of Defence and the defence departments of Canada, the United States and Australia. Their messaging solutions are built for tough, adverse situations, delivering high levels of performance and assurance. These features, combined with the capacity to handle complex environments, make their solution attractive for federal banking as well.

Nexor Headquarter Location

Rutherford House

Nottingham, NG7 2PZ,

United Kingdom

44 115 952 0500

Latest Nexor News

Hybrid offices the way forward for UK SMEs post-Covid

Oct 21, 2021

Hybrid offices the way forward for UK SMEs post-Covid The industry appears to be booming as a survey of 1,000 business owners reveals 54% are planning to use hybrid offices by next Summer. Our experts We are a team of writers, experimenters and researchers providing you with the best advice with zero bias or partiality. This article was authored by: As proof that home working during the coronavirus pandemic has changed business practices, over half of UK businesses say they will have a ‘hybrid’ workforce by next summer, according to new research. In a survey of 1,000 business owners by cyber security specialist Nexor , 9% of respondents said they have already transitioned to a hybrid model. Meanwhile 45% said they plan to do so over the next 12 months. However, the research also indicated that many business owners still have concerns around moving into flexible workspaces. These were largely around cyber security. The respondents expressed worries about working from different office spaces making them feel more vulnerable to cyber attacks. The new normal The flexible office industry had undoubtedly been growing pre-Covid. In 2018, a report by The Instant Group found that between October 2017 and October 2018, the number of flexible office centres in the UK tracked rose to 5,320. That's a growth of 10% across the country in just one year. However, the research by Nexor found that only 3% of bosses said they’ve always had a distributed workforce, highlighting the impact of the pandemic on the world of work. Part of the attraction is the savings that flexible working can offer SMEs. Looser contract terms means prices are lower compared to full-time office rental costs. It is also more attractive for workers, the majority of whom have engaged in and enjoyed home working for the past 18 months. What’s stopping SMEs from going hybrid? The sizeable number of small business owners who say they are planning to make the change to a hybrid office are not without their reservations. A loss in productivity was touted as the biggest concern for one in three UK employers that Nexor surveyed. Other worries mentioned in the research included: Maintaining an even playing field where all employees feel they have an opportunity to progress (28%) Communication (24%) Collaboration (20%) Cyber security (18%) When it comes to cyber security, four in ten bosses admit their biggest challenge is ensuring their business is sufficiently protected. A further 23% said their main hurdle is knowing where to start, or being able to afford adequate cyber protection. During coronavirus, more staff members engaged in remote or home working. Having less secure network connections made them more vulnerable to hacking and phishing scams, leading to an increase in cyber attacks. Looking ahead to 2022, 63% of employers will be increasing their cyber security budget. A further one in ten (41%) will be investing in a stand-alone cyber insurance policy over the next 12 months. Commenting on the research, Fergus Mathieson, Head of Markets and Propositions at Nexor , said: “No matter the industry or business, security concerns surrounding hybrid working affect everyone. Repeatedly one of the highest causes of successful cyber attacks is human error. This is not at the fault of the user, especially given the resource that goes into this kind of attack, but is often due to a lack of training and overlooking the human factor when it comes to security. “However, the human element can also be part of a company’s strongest defence to stop a successful attack and also limit the degree of damage if one is successful. Therefore by providing the proper training and tools to staff, this will ensure that even in the hybrid world you can be sufficiently protected.” What cybersecurity measures should SMEs take when hybrid working? The biggest cyber security measure entrepreneurs look to implement within their company over the next 12 months is more staff training. Hiring a security consultant, adding extra firewalls, employing higher levels of encryption and making two-factor authentication were also popular. Nexor’s research found that one in five bosses give their employees cyber security training once a month. However, the same amount admit their employees have never had any cyber security training. If they had, it was only when they first joined the company. It is recommended that businesses refresh their team’s knowledge at least once a year Darren Hockley, MD of eLearning specialist DeltaNet International , said: “I’m a strong believer that prevention is better than cure. The best way to reduce the risks of cyber attacks is to invest time and resources in keeping your systems secure and ensuring that your employees are aware of the cyber threats facing your business, whether they work from the office or at home. “To achieve this, it’s important to embed a strong culture of compliance throughout the organisation, ensuring that staff feel the same sense of ownership for cyber security at home as they do in the office. It’s up to business leaders to continually reinforce this culture by setting the right tone from the top, identifying and managing new risks, and offering ongoing and engaging awareness training on the subject.” Whether you're looking for hybrid, virtual or full-time – coworking offices are important to get right. To help you find the best, we’ve designed a free online tool which you can use to compare bespoke quotes from the most relevant providers for your company. Share this post

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Nexor Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Nexor Rank

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.