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'Big leap' in cloud and security spending in 2015

Date: December 5, 2014 Author: Stephan Buys Category: Article Technology Tags: , Comments: 0

'Big leap' in cloud and security spending in 2015

'Big leap' in cloud and security spending in 2015

Spending on IT security is set to rise by a hefty 46% in 2015 while investments in cloud computing will leap ahead by 42%, according to a forecast by Computerworld, the leading business technology website.

Companies are also seen allocating 38% more of their IT budgets on analytics while spending on online storage will increase by 36% and mobile and wireless technology investments are projected to rise by 35%.

The website's yearly forecast is based on a survey of IT executives and what they're planning to spend in the coming year, and it shows the rising importance of cloud computing as a way of making companies more competitive in the marketplace and therefore more profitable. The survey revealed that for all respondents, cloud-computing technology is vitally important for firms and their IT needs.

"Cloud projects are the single most important technology initiatives right now and expected to cause the most disruption in the future, with the goal being to improve service and generate new revenue streams," the survey says.

Cloud computing is growing in appeal for all kinds of companies because of the efficiencies and power it provides. Firms no longer have to invest heavily in their own on-site IT infrastructure and hire IT support staff to run them – an especially pleasing proposition for start-ups with limited capital.

In addition, whether starting directly from cloud computing or transitioning all or part of a system to it, companies can base their programs and applications there, as well as their data, and access it from anywhere in the world so long as they have an internet connection. Large cost savings and high levels of security and uptime are other major benefits of making the move.

The 2015 projections also showed that overall, IT budgets will rise by 4.3%, underscoring the critical nature of this part of firms' operations as business increasingly moves online. The survey shows that IT bosses are largely focusing on efforts to develop revenues by becoming more competitive.

Read the full Computerworld 2015 forecast here: http://v.gd/63vZkQ – and to discover ways your firm can become more efficient and profitable in 2015 by harnessing the power of the latest technologies, get in touch with top IT support firm NSIS Systems in London today.

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