Analysts Discuss Key Security Issues During Gartner Information Security Summit, 21-22 September in London
Security software and services spending will outpace other IT spending areas in 2010, according to a new survey by Gartner, Inc. Security software budgets are expected to grow by approximately 4 per cent in 2010, outpacing all other areas of infrastructure software. Security services budgets are projected to grow almost 3 per cent, significantly outperforming other service areas.
In April and May of 2009, Gartner surveyed more than 1,000 IT professionals with budget responsibility worldwide to determine their budget-planning expectations for 2010.
“In the current highly uncertain economic environment, with overall IT budgets shrinking, even the modest spending increases indicated by the survey show that security spending accounts for a higher percentage of the IT budget,” said Adam Hils, principal research analyst at Gartner. “Security decision makers should work to allocate limited budgets based on enterprise-specific security needs and risk assessments.”
Specific areas of projected security-related software spending growth in 2010 includes security information and event management (SIEM), e-mail security, URL filtering, and user provisioning.
The continued, comparatively strong emphasis on security extends beyond software. The survey showed that security services spending will also outpace spending in other services areas, with budgets expected to grow 2.74 per cent in 2010. This anticipated increase is being driven in part by a growing movement towards managed security services, cloud-based e-mail/web security solutions, and third-party compliance-related consulting and vulnerability audits and scans.
“When evaluating and planning 2010 security budgets, organisations should work to achieve a realistic view of current spending and recognise that it may be impossible to capture all security-related spending because of organisationally diffused security budgets,” said Ruggero Contu, principal research analyst at Gartner. “Businesses should also recognise that new threats or vulnerabilities may require security spending that exceeds the amounts allocated, and should consider setting aside up to 15 per cent of the IT security budget to address the potential risks and impact of such unforeseen issues.”
Additional detail is available in the Gartner report “Security Software and Services Spending Will Outpace Other IT Spending Areas in 2010." The report is available on Gartner’s website at http://www.gartner.com/DisplayDocument?ref=g_search&id=1141513&subref=simplesearch.
Key issues facing the security industry will be discussed during the Gartner Information Security Summit, taking place 21 -22 September, at the Royal Lancaster hotel in London. The Summit hits the critical spot between strategic planning and tactical advice. Gartner analysts, industry experts and IT security practitioners will deliver unbiased, realistic analysis of the current state of information security, as well as an independent vision of how things will evolve over the long term. For complete event details, please visit the Gartner Security & Risk Management Summit website. Members of the media can register by contacting Holly Stevens at email@example.com.
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