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IT security spend to increase(01/08/2007)
A recent IDC survey showed that 56% of organizations expected their IT budget to increase over the next 12 months with 83% expecting their security spend to increase. Organizations surveyed had an average annual IT expenditure of £15.4 million. The same survey showed that currently security spend accounts for 6% of IT budgets and this is set to grow to 11% within the next 12 months. The Western European security software market grew by 19.1% i... [more]
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