Why IT Security Will Remain a Top Priority in 2017

Why IT Security Will Remain a Top Priority in 2017

Why IT Security Will Remain a Top Priority in 2017Why 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 PocketsDeeper 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 PrioritiesTop Tech Spending Priorities

Cyber-security: 40%,
Data collection: 21%,
Software development: 20%

Split DecisionSplit 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. ManMachine vs. Man

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

Top Business Drivers of AITop Business Drivers of AI

Increased efficiencies: 38%,
Reduced human errors: 24%,
Improved task abilities: 23%

Good InvestmentGood Investment

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

Precarious StatePrecarious State

30% admitted that their network needs better security.

Circle of TrustCircle of Trust

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

Dennis McCafferty
Dennis McCafferty
Dennis McCafferty is a contributor to CIO Insight. He covers topics such as IT leadership, IT strategy, collaboration, and IT for businesses.

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