Category Archives: IDC

Spending on security hardware, software, and services continues to increase

Worldwide spending on security products and services will enjoy solid growth over the next five years as organizations continue to invest in solutions to meet a wide range of security threats and requirements. According to an updated forecast from the IDC, worldwide spending on security-related hardware, software, and services will be $106.6 billion in 2019, an increase of 10.7% over 2018. This amount will reach $151.2 billion in 2023 with a compound annual growth rate … More

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Consumer spending on technology forecast to reach $1.69 trillion in 2019

Consumer spending on technology is forecast to reach $1.69 trillion in 2019, an increase of 5.3% over 2018. Traditional technologies still dominate According to the latest Worldwide Semiannual Connected Consumer Spending Guide from International Data Corporation (IDC), consumer purchases of traditional and emerging technologies will remain strong over the 2019-2023 forecast period, reaching $2.06 trillion in 2023 with a five-year compound annual growth rate (CAGR) of 5.1%. Roughly three quarters of all consumer technology spending … More

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64% of IT decision makers have reported a breach in their ERP systems in the past 24 months

ERP applications are ‘critical’ to business operations, according to the IDC survey of 430 IT decision makers. ERP-related breach Sixty-four percent of the 191 decision makers surveyed whose organizations rely on SAP or Oracle E-Business Suite confirmed that their deployments have had an ERP-related breach in the last 24 months. “Enterprise Resource Planning (ERP) applications such as Oracle E-Business Suite and SAP (ECC) can be foundational for businesses. A breach of such critical ERP applications … More

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