Worldwide Spend for IT Security Continues to Increase

According to the 7th annual Global State of Information Security Survey 2010, released today, six out of ten respondents (63%) expect security spending to either increase or stay the same in spite of the worst economic downturn in decades―or perhaps because of it. The study, the largest of its kind, is conducted by PricewaterhouseCoopers (PwC)…

Worldwide Spend for IT Security Continues to Increase

Global Trends – The survey reveals that North American and Asian security practices are no longer on par with one another, as was reported in last year’s survey. Asian respondents are far more likely than their North American colleagues to say that spending on security over the next year will either increase or stay the…

IT Industry Confidence Continues to Strengthen

The CompTIA IT Industry Business Confidence Index, which surveys a cross section of the IT industry from vendors to VARs, found that 48% of companies in the study expect to increase investments in research and development and other new revenue generating initiatives, while nearly one-third expect to increase spending on technology. The index increased 3.3…

Many Executives Hesitant to “Friend” on Facebook

Thinking about “friending” your boss on Facebook? You may want to reconsider. According to a recent survey, nearly half of executives are uncomfortable being friended by the employees they manage (48%) or their bosses (47%). The survey was developed by OfficeTeam, a staffing service specializing in the placement of highly skilled administrative professionals. It was…

Tech to Lead the Way Again?

Technology executives believe that the sector will recover from the current economic crisis substantially more quickly than the U.S. economy as a whole, with senior business leaders expecting improved revenue and profitability in 2010 and about half seeing an improved job picture. This is according to the results of a recent survey of hardware and…

IT Spending to Decline Further than Expected

Worldwide IT spending is on pace to total $3.2 trillion in 2009, a 6% decline from 2008 spending of $3.4 trillion, according to Gartner. Continued weak IT spending because of the economic situation combined with the effect of exchange rate movements has resulted in Gartner lowering its 2009 forecast from its 1Q09 projection. In March,…

The Five Attributes of Cloud Computing

As Cloud computing begins to move beyond the pure hype stage and into the beginning of mainstream adoption, Gartner has identified the five attributes of Cloud computing. By using these attributes, it is possible to see how strongly a Cloud solution (or service) adheres to the Cloud computing model. Gartner defines Cloud computing as a…

Legacy, SaaS, Packaged Software Vie for the Corporate Buck

Even thought most companies are warming up to the idea of Cloud computing and it’s close cousin, software as a service, it will be some time before these competing technologies push aside in-house, packaged software for mission critical computing. This is because modernizing key legacy applications is the top software initiative for businesses this year,…

Budgets Remain Flat, IT Demand to Increase

The study found that few companies, about one-third, use tactics such as charge backs, service catalogs, or IT portfolio management to reduce costs, despite the fact that these techniques can drive real savings. “Big companies with their reduced budgets are taking a close look at their portfolios to understand what is critical to IT success,”…

Budgets Remain Flat, IT Demand to Increase

A new report due out next week will indicate that, while IT budgets will remain relatively flat over the next two years, the demand for IT services will still continue to increase. Demand for services will also shift towards business intelligence and data management activities as companies try to manage and mine ever increasing amounts…