Preparing for 2025: How Guernsey Firms Can Embrace Technology for a Running Start
By Resolution IT’s Sales & Marketing Director, Pierre Jehan
A key thing I’ve noticed throughout 2024 is that more businesses than ever are exploring and embracing the capabilities of technology for business growth. There’s certainly been a shift in recent times, from organisations feeling reluctant to change traditional systems and ways of working, to eagerly adopting digital solutions to transform outdated methods.
As businesses grow and develop at a rapid rate, particularly in the Channel Islands, it seems many decision makers have turned to technology as a vessel for efficiency and scalability.
In 2025, it’s crucial for business leaders to keep up this momentum to maintain a competitive advantage.
Technology Checklist for 2025
Horizon Scanning for AI Developments to the Finance Industry
AI was undoubtedly one of the most talked-about technologies in 2024, and with good reason. Many firms are already using it daily to enhance productivity, improve accuracy, and strengthen information security. However, while AI has proven useful for operational efficiencies, we are yet to see its full, transformative potential in reshaping how financial services firms operate. As we move into 2025, it’s essential for firms to actively horizon scan for emerging AI advancements that could redefine the industry. Staying informed about AI developments will enable finance organisations to anticipate and leverage changes that could revolutionise processes, client interactions, and overall business models in the near future.
Strengthening Cyber Security Awareness to Safeguard Data
The finance industry falls just behind healthcare as the most targeted industry for cyber-attacks, so Guernsey firms are under constant threat. With ever evolving regulatory and compliance requirements, it’s important for businesses to keep on top of their information security infrastructure. Many regulations mandate annual cyber security awareness training, and with human error to blame for 95% of cyber-attacks, regular team training is one of the best things you can do to keep company data safe.
Data, Development and Transformation
In an increasingly data-driven world, data and development services are essential for firms looking to stay competitive and make informed decisions. These services encompass data analytics, custom software development, and database management—providing firms with tailored solutions to optimise operations, enhance customer insights, and streamline workflows. With accurate, actionable data at their fingertips, Guernsey firms can identify growth opportunities, improve efficiency, and respond more effectively to client needs.
Focus Areas for Transformation:
- Customer Experience: Streamlining the client onboarding process with digital tools can lead to a better client experience and reduce administrative time.
- Automating Routine Tasks: Automation in finance, accounting, and other back-office functions can minimise manual data entry, reduce errors, and save time.
- Data Analytics for Informed Decision-Making: Using data insights to support decision-making can drive strategic initiatives and improve service offerings.
Penetration Testing for Peace of Mind
Pen testing has become an invaluable tool for firms to proactively identify and address security vulnerabilities. The process involves simulating real-world cyber-attacks on a firm’s systems, applications, or networks to discover weak points that malicious actors could exploit. By identifying vulnerabilities before attackers can, pen testing allows firms to bolster their defences, prioritise critical fixes, and strengthen their overall security posture.
Starting the year with a penetration test will help organisations stay one step ahead, provide peace of mind to stakeholders, and reassure clients and regulatory bodies alike.
Conclusion
For Guernsey firms, 2025 offers a prime opportunity to embrace technology and gain a running start. By strengthening cyber security awareness, staying close to AI developments, and focusing on digital transformation, firms can create a more efficient, secure, and innovative workplace.
This forward-thinking approach will not only enhance productivity but also build resilience, helping Guernsey firms navigate a rapidly changing digital landscape with confidence and agility. Now is the time to invest in technology and training to set the stage for growth, and a truly competitive edge in 2025 and beyond.
