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IDC Survey Finds Security Surpasses Cost-Control As Top IT Challenge

Security Surpasses Cost-Control As Top IT Challenge, IDC Survey Finds

Company Online Stock Trading FRAMINGHAM, Mass.--(BUSINESS WIRE)--July 26, 2004--Security has surpassed cost-control and cost containment issues as a concern that tops the list of IT challenges, IDC research shows. According to IDC's latest Enterprise Technology Trends (ETT) survey - conducted between April and May 2004 with a respondent base of 933 U.S. and Canadian companies - over three quarters of IT and business executives rated this challenge as an extremely or very significant concern or IT challenge for their organizations.
"Our latest survey findings indicate that IT spending on security and business continuity has increased at 59% of organizations in the last 12 months," said Lucie Draper, program manager for IDC's Enterprise Technology Trends, Vertical Markets Group. "We believe that despite the economic environment, and in some cases because of the geopolitical environment, the prospects for vendors of security technologies are good."

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Online Trading Stock And Among the key findings presented in IDC's latest ETT survey are the following:

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Stock Investing Course -- IDC found that the biggest difference between organizations that have a corporate IT security officer and those that do not have someone in that position is whether security policies and procedures are in place, namely an organization-wide disaster recovery and business continuity strategy and regular security risk analyses, security auditing, or security status tracking.

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Stock System Trading -- Ubiquitous access to the Internet followed by a reaction to a major security breach at one's company were most frequently rated as having a high influence on an organization's investments in security technology and deployment of security measures. Four in ten North American organizations rated security audit results as having a high influence on the deployment of security measures.

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Stock Investing Game -- Corporate compliance and government regulations as they relate to security and privacy remain of particular concern to the banking and the healthcare services industries.

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Market Stock Trading -- One or more of an array of security technologies are in some stage of adoption at most companies. While some technologies, such as antiviral tools, are already in place at the vast majority of North American companies, others are at different stages of the evaluation or implementation process, and in some cases these vary markedly by industry segment.

Online Stock Trading Canada The research in this press release is taken from two recently published documents addressing security technology adoption. The IDC study, The Total Security Solution: Vertical Markets Investments in Corporate and Public Security (IDC #31606), addresses security technology adoption trends. Security technologies examined in this document include antivirus tools, hardware-based firewall technologies, security management applications, intrusion detection, encryption, hardware- and software-based tokens, and client and server certificates.

Stock Investing Basics The study, What Factors and Events are Driving Investments in Security Technology in 2004? (IDC #31618), addresses security technology adoption drivers and takes a look at which areas are driving or affecting the deployment of security measures at North American organizations.

Day Online Stock Trading To purchase these documents, call IDC's sales hotline at 508-988-7988 or email sales@idc.com.

Online Stock Trading Game For additional information about IDC's Vertical Markets Research Group, contact Virginia Lehr at 508-935-4188 or vlehr@idc.com.

Stock Investing Software About IDC

Online Option Stock Trading IDC is the premier global market intelligence and advisory firm in the information technology and telecommunications industries. We analyze and predict technology trends so that our clients can make strategic, fact-based decisions on IT purchases and business strategy. Over 700 IDC analysts in 50 countries provide local expertise and insights on technology markets. Business executives and IT managers have relied for 40 years on our advice to make decisions that contribute to the success of their organizations.

India Online Stock Trading IDC is a division of IDG, the world's leading technology media, research, and events company. Additional information can be found at www.idc.com

Stock Investing For Dummy All product and company names may be trademarks or registered trademarks of their respective holders.

Software Stock Trading Contacts

Online Stock Trading Review
IDC
Lucie Draper, 508-988-6864
ldraper@idc.com
or
Virginia Lehr, 508-935-4188
vlehr@idc.com

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