Why IT Security Will Remain a Top Priority in 2017

Why IT Security Will Remain a Top Priority in 2017
Cyber-security is at the top of all IT spending priorities, and most companies plan to increase investments to protect their network and data.

Deeper Pockets
40% of the CIOs, other C-suite executives and managers surveyed said their organization’s IT budget will likely increase by at least 25% in 2017.

Top Tech Spending Priorities
Cyber-security: 40%,
Data collection: 21%,
Software development: 20%

Split Decision
52% of the survey respondents said their company plans to increase purchases of enterprise software, while 48% said they will invest more in the in-house development of software.

Machine vs. Man
32% said their organization has begun to incorporate artificial intelligence (AI) technologies to replace human functions.

Top Business Drivers of AI
Increased efficiencies: 38%,
Reduced human errors: 24%,
Improved task abilities: 23%

Good Investment
73% of the respondents said their company plans to invest in more cyber-security capabilities next year.

Precarious State
30% admitted that their network needs better security.

Circle of Trust
60% of the survey respondents believe that investing in in-house cyber-security talent is safer than outsourcing.