Technology investments feel the impact of weakening economy

For the fifth consecutive month, IDC has lowered its 2023 forecast for worldwide IT spending as technology investments continue to show the impact of a weakening economy. 2023 forecast for worldwide IT spending In its monthly forecast for worldwide IT … Continue reading Technology investments feel the impact of weakening economy

IT security spending to reach nearly $300 billion by 2026

Worldwide spending on security solutions and services is forecast to be $219 billion in 2023, an increase of 12.1% compared to 2022, according to IDC. Investments in hardware, software, and services related to cybersecurity are expected to reach nearly… Continue reading IT security spending to reach nearly $300 billion by 2026

5G wireless connections to reach 5.9 billion by the end of 2027

5G continues its dominating advance, as global 5G wireless connections look to surpass 1.1 billion by the end of 2022, according to 5G Americas. Connections to 5G networks has on average doubled every year since its commercial inception in late 2018, r… Continue reading 5G wireless connections to reach 5.9 billion by the end of 2027

7 reasons why you must embed trust into the core of your business

As organizational trust becomes a top priority for companies of all sizes and industries, a new OneTrust report highlights seven key industry trends relevant to privacy, security, ethics, and ESG professionals in the coming year. “Looking at the societ… Continue reading 7 reasons why you must embed trust into the core of your business

IDC predicts two of the most important IT developments will be as-a-service products and processes and tech-by-wire

The firm’s FutureScape report for 2023 cites continued skills shortages, more tech supply chain woes, and a need for trust in automation among its list of top 10 IT predictions.
The post IDC predicts two of the most important IT developments will be as… Continue reading IDC predicts two of the most important IT developments will be as-a-service products and processes and tech-by-wire

Cybersecurity is driving digital transformation in alternative investment institutions

As the alternative investment industry tackles a rapidly changing threat landscape, increased regulation, and a continuous need to innovate, most firms are increasing their DX and security budgets and cite security as critically important to their DX i… Continue reading Cybersecurity is driving digital transformation in alternative investment institutions

79% of organizations have activated a disaster recovery response within the past 12 months

Zerto recently commissioned IDC to conduct a major ransomware and disaster preparedness survey, which revealed that 79% of respondents have activated a disaster recovery (DR) response within the past 12 months. 61% of these incidents were triggered by … Continue reading 79% of organizations have activated a disaster recovery response within the past 12 months

The importance of ramping up digital forensics and incident response tech investments

Magnet Forensics announced the release of an IDC survey which revealed that more than half of the respondents are expecting to make major investments in digital forensics and incident response (DFIR) technology over the next two years to address growin… Continue reading The importance of ramping up digital forensics and incident response tech investments

Organizations need to evolve their data management strategy

IDC predicts that, over the next five years, more than 80% of the data collected by organizations will be unstructured data, and that will only continue to grow 40-50% per year for most enterprises. With the sheer volume of unstructured data yet to be … Continue reading Organizations need to evolve their data management strategy