Tag: IT

IT security market worth $170 billion by 2020

BouncerFoxFeatureThe IT security market will be worth $170 billion by 2020, which means growing by $100 billion from now.

India-based firm MarketsandMarkets says the 2020 total includes security technologies like data leak prevention, denial of service attack mitigation, and compliance, along with security services.

“MarketsandMarkets expects the global cyber security market to grow from US$106.32 billion in 2015 to US$170.21 billion by 2020, at a compound annual growth rate of 9.8 percent,” MarketsandMarkets said.

Gartner  said something similar its latest November figures predicted security spend pegged at $75 billion are reckoned be worth $91 billion by the end of the year. Big G said the security industry will be worth some $116 billion by 2019 with security services including consulting, hardware support, and outsourcing adding a further $73 billion by 2019.

Most of the cash appears to be being spend in North America  while significant revenue growth is expected from Latin America and Asia-Pacific regions. The most popular is expected to be managed security services.

 

IT professionals saved from recession

an-queue-at-a-job-centre-in-1924-pic-getty-images-762512302Beancounters working for the recruiter Randstad Technologies claim that IT professionals have survived the economic crisis better than other sectors and now earn more on average than… er, the beancounters.

Randstad Technologies analysed Office of National Statistics and professional industry data on every occupation in the UK, taking into account the aggregate wage bill for full-time staff between 2002 and 2014 and divided by its shoe size.

The total wage bill for full-time employees in IT jobs rose 82 percent from £17.4 billion in 2002 to £31.6 billion in 2014, reaching five percent of the total wage bill for all UK full time employees.

More than 400,000 people have taken on IT jobs since 2002.

Ruth Jacobs, managing director of Randstad Technologies, said: “The increasing demand for Tech has been the umbrella which sheltered the sector from the storm of the recession. As technology has become a larger part of our lives, the industry has grown dramatically, with 400,000 new full time jobs in just 12 years. The growth in the sector has been so significant it’s now responsible for five per cent of the total UK wage bill. But this rapid expansion means there is tough competition for Tech talent as employers want to find the right people for the right jobs.

“The demand for people will advanced IT skills will only grow in the future, as Britain will need 2.2 million digitally skilled workers by 2020 to match the sector’s potential. This means that if you are qualified for software developer jobs, data analyst jobs or network engineer jobs, it will be easier to find work, with almost no chance of being laid off long periods of time.”

Randstad said the average wage for tech professionals has fallen by 11 per cent, but despite this, they have still done better comparatively, with tech employees earning more on average than accountants.

Jacobs, added: “As technology has progressed, the costs associated with the industry have dropped exponentially in line with Moore’s law. This helps to explain why the average wage of Tech professionals has declined more than some other sectors. However, IT jobs still offer some of the highest average salaries in the UK, overtaking accountants.

“While the average salary figures have been boosted by the number of IT jobs in London, the growth of fin-tech jobs and IT security Jobs have helped the sector to do well compared to other industries.

German tech industry dragged into the 21st century

Hartmann_Maschinenhalle_1868_(01)Germany, whose industry has been relying on things to run the same way as they did before those World Wars, has suddenly woken up in the digital age and is a little worried about it.

According to Reuters big German companies have started teaming up with start-ups to shake up their conservative business culture and keep pace with a world increasingly dominated by nimble tech giants.

Most of the German blue-chips run along 19th century lines with only the youngest — SAP, founded less than 43 years ago.

In other Western countries the top 30 companies on the Nasdaq were set up in the 1980s or later and the fourth-biggest firm, Facebook, was established about a decade ago.

German government officials and company executives fear they could fall far behind if they cannot swiftly identify and adopt innovations in web and smartphone technology that have driven the success of Google, Apple and Amazon.

Metro, Bayer, Evonik, Merck KGaA and Deutsche Telekom are now investing in start-ups – seeking to gain digital expertise, as well as to embrace newcomers whose innovations could represent threats to their own businesses.

They have a long way to go, Investment in German start-ups more than doubled to $1.74 billion last year, this was less than the amount raised by Uber. US-based start-ups drew $49.39 billion.

Fewer than half of Germany’s top 500 companies have a comprehensive digital strategy, according to a study by Accenture.Only 11 percent use social media and only six percent cloud computing, the European Commission’s Digital Economy Index published at the end of February showed.

Healthcare firms Bayer, Merck and Boehringer Ingelheim, Deutsche Telekom and chemicals group Evonik, meanwhile, have all set up multi-million euro in-house venture funds. Deutsche Telekom has pledged to invest $542 million in Germany’s start-up scene over the next five years.

The German government has announced plans to try to promote startups. They include a pre-market web platform to connect young companies with investors.

However most say that there needs to be more venture capital investment in Germany and the scene needs to be more attractive in terms of taxation.

The other problem is that the Germans do not like investing in something which might go tits up.

 

Utilities start spending on IT

server-racksRestructuring and mergers are creating something of a boom in IT spending for utility companies in Western Europe.
That’s the conclusion of market research company IDC, which said a survey showed that the move demonstrates optimism in the sector.
Western European utility companies are taking steps to improve their maintenance and run operations, said IDC.  That in turn is allowing them to make cost savings and to use some of these cost savings to increase their IT budgets.
The utility companies are also outsourcing their IT, with 41 percent of their spending spent outside of their own organisations.
Close to two thirds of those budgets are decided by internal IT departments but the remainder of the spend is directed by separate business units.
Customer service, support and services are largely used as the criteria for their IT budget spends, said IDC.

 

Saudi to spend $37 billion on IT

Flag of Saudi ArabiaIncreased adoption of the hybrid cloud model by Saudia Arabian enterprises and organisations mean spend in the country on services and IT will hit $36.95 billion next year.

IDC said that of that spend, IT services will represent the biggest chunk as chief information officers (CIOs) begin to look to hybrid cloud systems.

Other areas which will drive the IT spend up include mobility, analytics and social networking, said IDC.  Abdulaziz Al-Helayyil, a regional director at the market intelligence compan, said: “The expanding use of applications, mobile devices, social media, and other technologies will result in an explosion of data within many Saudi organisations.”

That means many will also spend on storage infrastructure, data mining and analytics.

Saudi Arabia has a “smart city” initiative and government bodies, telecoms companies on others will look  to different methods to achieve their IT goals.

It’s estimated that there will be 16 million smartphones in the country by the end of next year, with a 28 percent in LTE device shipments.

Saudi Arabia has a polution of over 27 million people. Its estimated GDP for 2013 was $927.8 billion.

IT pros don’t want to live in America

Photo-02-Emigrantstationen-EllisIsland-NewYork-500A new study of the worldwide migration of IT professionals to the US shows a sharp drop-off in its proportional share of those workers.

The study used social media site LinkedIn to track the movement of professional people and is the first to monitor global migrations of professionals to the U.S.

Co-author Emilio Zagheni, a University of Washington assistant professor of sociology and fellow of the UW eScience Institute presented the study at the recent SocInfo conference in Barcelona, Spain.

While 27 percent of migrating professionals among the sample group chose the U.S. as a destination in 2000, in 2012 just 13 percent did.

The biggest drop was among those in the science, technology, engineering and math (STEM) fields, from 37 to 15 percent.

Instead, all the brains are going to Asian countries which saw the highest increase in professional migrants worldwide, attracting a cumulative 26 percent in 2012, compared with just 10 percent in 2000.

Australia, Oceania, Africa and Latin America also saw an uptick in their share of the world’s professional migration flows.

The Land of the Free attracted 24 percent of graduates from the top 500 universities worldwide in 2000, but just 12 percent in 2012.

The US is still the top destination for migrations, but the study indicated that was something that should not be taken for granted.

The study suggests numerous possible reasons for the proportional migration decline including the US’s Byzantine style visa system, a greater demand for professionals in other countries, fewer opportunities for immigrants due to the dot-com collapse of the early 2000s and the 2008 recession.

 

Malaysian IT uses forced labour

oliverMalaysian electronics companies are routinely using forced labour systems to get products to market, a human rights group claims.

The report is the result of a two-year study funded by the US Department of Labour and undertaken by Verité, a nonprofit organisation focused on labour issues.

More than 500 migrant workers at around 200 companies in Malaysia’s IT manufacturing sector were surveyed and one in three were working under conditions of forced labour.

Dan Viederman, CEO of Verité, said workers were lured to the company using deceptive adverts. The job looks good enough that they pay a broker to apply, often borrowing money from friends and family to do so.

When they arrive, their passport is taken by their employer and they’re threatened with deportation if they don’t work overtime. Since they are broke, and do not have a passport and with little knowledge of the legal process, they accept the increased workload.

The fees paid to brokers to obtain the overseas work are crippling and more than 90 per cent say that they pay them. Three quarters said they borrowed money to do so. More than half said it took more than a year of work to clear the debt, and they cannot leave Malaysia until it was paid.

Many of the factories were operated by subcontractors or suppliers to major brand-name companies, and Viederman said that all companies sourcing from Malaysia should audit their supply chain.

Companies should amend their codes of conduct for suppliers to ban the payment of fees to brokers and ensure workers are allowed to keep their identity documents when they arrive, he said.

The US Department of State said the situation in Malaysia had worsened in its annual report on human trafficking. The government there made “limited efforts to improve its flawed victim protection regime” despite assurances it would work to solve the problem.

UK biggest public sector IT spender

ukflagWhile the UK is the biggest IT public spender, growth is very slow.

That’s according to a report from IDC, which surveyed western European spending in the IT sector.

The big five western European countries – the UK, Germany, France, Spain and Italy –  represent over 75 percent of the $53 billion spent on hardware, software and IT services by the different government.  Over 50 percent of the spend takes place in local government.

IDC says that public administration and compulsory social activities are larges spenders within the sector.

It predicts that investment in pension administration, tax and revenue collection managment will grow more than investments in public safety and security.  Some areas, however, such as immigration and borders are attracting spends.

Germany will show the highest compound annual growth rate with a measly 1.2 percent, while Spain and Italy will suffer the biggest slump.

Tech sector outperforms rest of private sector

poundsAccording to new research from KPMG, the British tech sector has outperformed the rest of the private sector in terms of hiring and long-term outlook.

This is no new trend. KPMG notes that the tech sector has consistently outperformed the rest of the private sector over the last decade. There’s plenty of confidence, too. Growth expectations at tech companies are well above the private sector average.

KPMGalso introduced a new index to track job creation and growth and UK companies. The Tech Sector Purchasing Managers’ Intex keeps track of hiring and purchases – and it indicates that tech sector growth and output have been strong since the end of the recession. However, bigger outfits seem to be doing better than small tech firms.

Picture (Device Independent Bitmap) 1

“Our new report Tech Monitor UK, the first of an ongoing series, reveals a number of key findings: importantly, it shows that the UK tech sector has generated solid rates of job creation over the last four years and that it has consistently outpaced other UK private sectors in creating jobs since the global financial crisis in 2008/09,” Tudor Aw, Head of Technology at KPMG said. “In terms of business outlook and confidence, we can take heart that tech companies in the UK are bullish about the next 12 months. Optimism is at one of the highest levels since data was first recorded in late 2009 and also continues the trend that tech companies are consistently more upbeat regarding hiring intentions than other UK sectors.”

The report also provides an interesting geographical snapshot of Britain’s thriving tech economy, which reveals that most companies are located in the South East of England and London. Nearly all are located near the M4, M3 or M25 and they have easy access to Heathrow and Gatwick.

“The findings of our report clearly highlight the link between investing in transport infrastructure and attracting businesses and therefore driving growth in the UK economy,” Aw commented.

SMT becomes first ExtraHop certified partner in Benelux

ExtraHop-logoExtraHop has selected SMT as its first certified partner for the Benelux region. SMT is a specialist in IT management with offices in Belgium and the Netherlands, with more than 100 large clients. 

Several technical teams from SMT have completed extensive training and are no certified to offer consultancy, sales and implementation services across the region. SMT will also demonstrate the ExtraHop platform at the Splunk Live! Event in Amsterdam on Tuesday.

“ExtraHop provides a perfect fit within our portfolio. It’s the first platform that effectively mines wire data in real-time, delivering business-critical operational intelligence across increasingly dynamic IT environments,” Michiel Toes, co-founder and Sales and Marketing Director at SMT said. “Moreover, ExtraHop’s wire data analytics are a perfect complement to Splunk, supplementing machine log data to provide total visibility into application and service delivery.”

ExtraHop is currently the global leader in real time wire data analytics for operational IT intelligence. Its latest products and services include the Persistent Monitoring Architecture, the EH8000 appliance for real time L2-L2 application transaction analysis and a new agentless Citrix VDI monitoring solution.

“IT environments are becoming more complex as virtualisation, cloud, and mobility take hold, and traditional sources of visibility, including log and agent data, are no longer sufficient to deliver crucial intelligence on their own,” said Owen Cole, VP of EMEA Sales for ExtraHop. “Wire data is a key source of insight into the performance, availability, and security of IT applications and services.”

Global telco revenues to stay flat

smartphones-genericWorldwide revenues for the telecoms industry are expected to stay mostly flat over the coming years, according to a report.

A deep decline in spending on voice services will be offset by growth in mobile and fixed broadband data services, according to analyst house Ovum. Total telco IT spending is expected to reach US$60 billion in 2017, at a compound annual growth rate (CAGR) of 0.6 percent between now and then. It will be emerging markets such as APAC, Middle East and Africa, and South and Central America that will drive top spending.

For North America, it’s predicted spending will run a CAGR of 0.8 percent to hit $17.5 billion by 2017.

Telcos will have to get their thinking caps on about tariffs and services to build revenues over the next five years. LTE, network optimisation and “creative” approaches to partnerships will become ways for businesses to save cash, according to report author Shagun Bali.

“Telcos need to monetise new business models, leverage customer data by investing in analytics, and define their response to over-the-top players,” Bali said.

Ovum has mapped the overall trend as reducing internal IT spending while increasing spending on external IT projects. Telcos will have to outsource maintenance of legacy systems, and make use of trusted partners that can provide expertise in segments such as big data analytics.

“The combination of middling profits, high capital requirements, high risk, and uncertain economic growth requires telcos to place their bets carefully, including investing in growing revenue streams and managing customer experience more than ever before,” Bali said. “The result is increased opportunities for the IT industry. In the long term, telcos will place more focus than they have before on software to drive innovation”.

Hospitality industry feels ripped off by IT

mcdsThe food industry feels completely stitched up by long-running and misleading IT contracts packed with hidden costs leaving them out of pocket, according to a survey.

Over half of managers in the food and beverage industry think they have been completely misled by IT suppliers – and with exclusive contracts, are finding themselves tied in and trapped by ongoing costs that were not made clear from the beginning.

Of those surveyed, many said their IT systems cost too much money to start with, but are near impossible to get out of.

A staggering 81 percent of managers felt disappointed or unhappy with their IT systems, and one in ten thought picking a big IT supplier in hospitality would make their IT better. Instead, the technology was missold and doesn’t do what it said on the tin.

Just ten percent of all managers surveyed said they were content with their IT systems.

The survey, carried out by Censuswide and commissioned by Caternet, asked 180 managers in hospitality what they thought of their IT.

“Supplier and customer relationships are a two-way thing – they’re about trust and honesty, or at least they should be,” Jerry Brand, Caternet’s MD said.

Dell grabs 1st place in notebook education

Michael DellDell has been approved under all three National Desktop and Notebook Agreement framework lots, meaning the company will once again be able to sell its  gear to consortia-affiliated universities and colleges.

Dell is now certified in six National Framework Agreements for universities, further education, and the UK’s Research Council, the company points out.

NDNA is a significant procurement path for selling products to the higher education sector, with the majority of institutions subscribing to the framework.

The company can provide desktops, notebooks, and services, marking an approximate combined value of roughly £310 million for the up to four years of the framework.

Dell grabbed first place in the notebook lot, meaning the consortia can contract Dell without bids from the competition.

The company cited its existing relationships with universities like Aberdeen, Cambridge, and UCL, and that it has supplied over 40 percent of UK unis with desktops or notebooks.

If universities so want, they can buy Dell kit without lengthy tender processes, as well as consistent pricing across desktops, workstations, thin clients, services, and tablet hardware – though the latter may not be particularly appealing to date. Dell also has a technical pre- and post- sales team dedicated to higher education.

Director for education at Dell UK, Kenneth Harley, said that IT is a “vital component” for education institutions to maintain their competitiveness and attract top students. “To do this, the provision of a personalised learning experience supported by best in class, affordable IT is crucial,” Harley said.

IT should use XP migration to boost infrastructure

framedwindowsWith support for Windows XP just around the corner, yet another company is shouting that businesses must have no illusions: sticking with unsupported software could be catastrophic.

Attachmate’s Barry Davis, UK sales director, said in a statement that businesses will be and should be migrating – and when they do they should take the migration as an incentive to evaluate security vulnerabilities in their infrastructure. “They can also reconcile and shrink the sprawl to a level their current IT staff can support,” Davis said.

Attachmate pointed out Accenture research that claims half of UK IT departments have no strategy for applications current running on Windows XP. And it warns that if businesses continue to run terminal emulators made for XP after upgrading, they could still be open to vulnerabilities.

“This is an opportunity to invest in future proofing, streamlining desktop emulation and mainframe access,” Davis said.

Attachmate advises businesses to take step by step best practice approaches to migration, based on standardisation, and starting with an inventory check to get all the data in place.

IT geeks safe as jobs rise

Jobcentre-plus-IT job vacancies are on the rise.

According to he latest data from CWJobs.co.uk, the sector looks set to be on track to rise back to pre-recession levels.

The company cited first quarter data, which showed that the volume of permanent vacancies had risen for the fourth year in a row. It also showed that  IT jobs were  only 15 percent below where they were, pre-recession, in the first quarter of 2008, compared to 41 percent just three years ago.

As Britain’s economic outlook finally shows signs of stabilising, the company added it was likely that businesses were taking on additional staff as they anticipate expanding, or try to trigger growth.

Alongside the industry’s positive performance, maintaining steady growth is SQL, which has remained the most in demand skill over the last five years. In the last year however, new data shows that demand for C# has overtaken C as a desired skill for employees, as employers look beyond the older programming language.

As a continued result of business outsourcing functions and consumer technology development, software houses and consultancies lead the way in industry growth with vacancy rises of over 1.4 percent last year.

Other sectors are also showing signs of steady growth, such as finance and retail, have increased 0.7 percent and 1.1 percent respectively.

The only area showing less sign of prosperity is the public sector, as permanent roles decreased 0.4 percent.