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Showing posts from August 19, 2010

Software security revenue to hit $16.5 billion in 2010 [GENERAL TECHNOLOGY NEWS]

According to a recent story published the IT PRO Enterprise and Business IT News website by Tom Brewster, Ruggero Contu who is a principal research analyst at Gartner, indicated that the software security market will emerge from the recession in decent shape, growing by 11.3 per cent in 2010, as businesses put more emphasis on protecting their IT. The article went on further to say that market revenue is predicted to exceed $16.5 million this year, compared to $14.8 billion in 2009, when growth slowed to seven percent due to the overall state of the global economy. Despite Gartner's claims that companies are to invest more heavily in security, a recent survey from the Ponemon Institute showed IT pros were concerned about the level of their protection capabilities . More than two thirds of IT workers polled said their firms did not have resources to deal with serious threats. The full article can be found online at - Software security revenue to hit $16.5 billion in 2010 .