NEWS
IDC ’ s latest report reveals that Indian enterprises embed security in new business initiatives
According to IDC ’ s report , Security Priorities , Challenges and Investment Areas for Enterprises in India , most of the interviewed enterprises stated that post-pandemic they intend to invest across all security areas , especially with the increasing demand for hybrid-working models .
International Data Corporation ( IDC ) has revealed that 74 % of large enterprises in India embed IT security in the planning , initiation and assessments of all new business initiatives .
The security market in India , including hardware , software and services , is projected to be valued at US $ 2.51 billion in 2022 , with the highest market share coming from services , followed by software and hardware , respectively , according to IDC ’ s Worldwide Security Spending Guide July 2022 .
India ’ s overall security market is expected to reach US $ 4.16 billion by 2026 , growing at a CAGR of 13.8 % during 2021 – 26 .
Sakshi Grover , Research Manager , Future of Trust and Future of Work , IDC India , said : “ Data and network security are two driving factors when dealing with digital assets , inventories and transactional traffic flows .
“ Investing in cyber-resilience and threat intelligence solutions along with incidental and log management products , will help organizations gain objective insights into their security architecture and data breaches when they occur , and also prepare them to effectively mitigate the situation with minimal downtime .”
Somerville celebrates 40 years of innovation in Australia
Somerville , one of the most experienced end-to-end technology service providers in Australia , is celebrating its 40th anniversary since the company was founded .
Established in 1982 by its current CEO , Craig Somerville , the Australian technology service provider started out as an electrical contracting business and over the years has made significant contributions to the Australian IT channel business ecosystem and delivered innovation to many of Australia ’ s leading mid-market organisations and to the K-12 education sector .
Today , the company employs a team of 80 people and continues to experience strong year-on-year growth .
Somerville ’ s customer base in 2022 includes over 500 mid-market organisations across the education , banking and finance , professional services and manufacturing spheres , many of which have relied on the company to operate as their de facto IT department for more than a decade .
From the outset , Somerville ’ s business approach has incorporated a company culture determined to satisfy the evolving technology and service needs of its customers . Over the years , Somerville has been delivering innovation and services in everything from support for endpoints and networks to security and cloud platform integration .
During this time , the company has invested millions of dollars into its network infrastructure to ensure it has the capability to deliver cuttingedge solutions to clients . This infrastructure is high-performance , scalable , resilient and bullet-proof with an emphasis on security .
16 INTELLIGENTCIO APAC www . intelligentcio . com