A recent study conducted by Gartner has revealed that organisations within the Asia-Pacific region - including Australia - spend a larger proportion of their IT budget on security than the international average, and expect their security budgets to increase this year.
Gartner surveyed 156 IT professionals in Australia, China and Japan, and found that on average organisations in the three countries spend 15 percent of their total IT budgets on security, a figure higher than the Western European and North American average.
"This may be due in part to the heavy concentration of small and mid-size businesses in this region, as well as a relative lack of maturity in security," said Matthew Cheung, senior research analyst at Gartner.
40 percent of respondents expected their security budgets to increase in the coming financial year, while 45 percent predicted their budgets would remain the same.
However, Australian organisations increased security spending by a smaller proportion than their Indian and Chinese counterparts, with only 18 percent of Australian respondents stating that they were spending more on security this year.
"This reflects the difference between mature and emerging markets, which are still hungry for security solutions," Cheung said.
In each country, data security was the top driver for security spending.
Asia-Pacific organisations' security priorities generally compare closely to American and European organisations. One difference was that within the Asia-Pacific region Government regulation is far less likely to have a significant effect on security spending decisions, which may be suprising considering Australian organisations must consider impending privacy law reforms.
"In Asia Pacific, IT security spending is driven from a business perspective rather than a regulations or standards perspective," Cheung said.
"That means businesses are more paying attention to customer needs like privacy, and critical information like financials, than to external factors. These business pressures push Asian organisations to continuously invest in IT security solutions that are crucial to their brand name, integrity and accountability, as well as to business success in the region." Asia-Pacific organisations were also significantly more likely to rank a "lack of internal skills/resources" as a significant security concern than those in other regions.
In a climate of growing inflation putting pressure on IT budgets, Cheung recommends consolidating spending by sourcing from fewer vendors, and sourcing discounts by spending more with fewer vendors.
The Gartner report "User Survey Analysis: IT Security Spending, Asia/Pacific, 2008" can be found here.
Read up on the latest ideas and technologies from companies that sell hardware, software and services. Data grids and service-oriented architecture
Delivering the Power of Choice with Microsoft Dynamics CRM
Taking On Demand CRM Integration to the Next Level
How to improve employee productivity in small and medium businesses
Solve Exchange Mailbox Storage Issues Once and for All
Achieving the impossible: Unlimited application scalability
Business Intelligence and Enterprise Performance Management: Trends for Emerging Businesses
CRM your salespeople will love
- White PaperDiscover how the integration of disparate technologies in your company can lead to greater user productivity, improved management, lower costs, higher efficiency, and easier risk mitigation.
- White PaperView this webcast and discover the drivers for changing network design practices, why many organisations are changing their approach to network architecture and how enterprises should be moving forward with open architecture multi-vendor network solutions. Register now and learn how your business can maximize the business value of the enterprise network.
- White PaperLearn to tie virtualized computing to virtualized storage, to offer a dynamic set of capabilities within the data centre and create improved performance and system reliability. Discover how best to utilize EMC Celerra in a VMware ESX environment.
Discover how SOA can create smarter outcomes for your business.
Attend and learn:
- How SOA is helping leading companies to become more agile
- Where you should be applying SOA processes in your company
- The top SOA implementation mistakes to avoid
Click here for more information.
- +
CIO Live Podcast #79: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires Part II 05 October, 2007 06:00:00
For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders. - +
CIO Live Podcast #78: Brent D Taylor, author of The Outsider's Edge: The Making of Self-Made Billionaires 28 September, 2007 17:34:25
For his new book, The Outsider's Edge: The Making of Self-Made Billionaires, social researcher Brent D Taylor spent four years of intensive research investigating the psychological make-up and backgrounds of some of the world's richest men and women, including IT luminaries Bill Gates, Larry Ellison and Steve Jobs. Taylor discovered that, despite working in different industries and coming from different upbringings, they all have one thing in common -- they are all outsiders. - +
CIO Live Podcast #77: Panasonic Speeds Up Trans-Pacific File Transfers, Part III 21 September, 2007 07:00:00
Part three in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance. - +
CIO Live Podcast #76: Panasonic Speeds Up Trans-Pacific File Transfers, Part II 14 September, 2007 07:00:00
Part two in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance. - +
CIO Live Podcast #75: Panasonic Speeds Up Trans-Pacific File Transfers, Part I 07 September, 2007 07:00:05
Part one in our three-part special report from CIO's sister publication Network World in the US, as Paul Desmond reports from the Network World IT Roadmap Conference in Santa Clara, California. With development teams in the US and Japan, Panasonic needed a more efficient way to move very large files between the two locations. Iben Rodriguez, IT consultant for Panasonic Research and Development, explains how a storage-area network and virtual server technology helped speed up WAN performance.
- +
SOA What? Why You Need SOA Governance Framework 04 December, 2008 08:32:00
Adopting services oriented architecture (SOA) in your enterprise without thinking through IT governance can cause something like the Gold Rush in the 1800s; extreme rates of growth and minimal law and order which produce unexpected outcomes. - +
The Myth of Cloud Computing 04 December, 2008 08:25:00
Why the rapid spread of virtual technology is becoming a security riskWhy the rapid spread of virtual technology is becoming a security risk. - +
Who Pushed Vendors Toward Better Security? 04 December, 2008 09:38:00
Hint: It had something to do with pressure from customers and government agencies, writes Oracle CSO Mary Ann DavidsonHint: It had something to do with pressure from customers and government agencies, writes Oracle CSO Mary Ann Davidson. - +
CPO & CISO: A Comprehensive Approach to Information 04 December, 2008 08:42:00
GE CPO Nuala O'Connor Kelly advocates greater CPO/CISO cooperation to place the right value on information assets.GE CPO Nuala O'Connor Kelly advocates greater CPO/CISO cooperation to place the right value on information assets. - +
Security Culture: Americans are Ferengis, Europeans are Vulcans 04 December, 2008 08:32:00
Lunch table conversations tell a lot about the culture of security in Europe and the USLunch table conversations tell a lot about the culture of security in Europe and the US.
International researchers gather in Sydney to preview the clever web 05 December, 2008 09:48:00
Borderless corporate networks to shift focus to secure content management in Australia in 2009 04 December, 2008 16:06:00
IDC Says Asia/Pacific Excluding Japan IT Market Will Remain The Bright Spot... 04 December, 2008 15:04:00
MySpot SOS "Panic Button" Smartphone Application could save lone worker lives 04 December, 2008 13:34:00
Charles Sturt University Commences Unified Communications Deployment With Interactive Intelligence 04 December, 2008 08:30:00
|
||
|
||
|
|
||
|
Gaining Competitive Advantage Through Enterprise Planning
No matter how good its products or innovative its services, no organization can perform to its full potential without an adequate planning structure in place. Discover how this can be done by reading on.
















