IDC Debuts Cloud Framework Tool Skip to main content

Gartner Forecasts Security and Risk Management Spending in India to Grow 12% in 2024

  GenAI-Driven Attacks Require Changes to Application and Data Security Practices and User Monitoring End-user spending on security and risk management (SRM) in India is forecast to total $2.9 billion in 2024, an increase of 12.4% from 2023, according to a new forecast from Gartner, Inc. Indian organizations will continue to increase their security spending through 2024 due to legacy IT modernization using cloud technology, industry demand for digital platforms, updated regulatory environment, and continuous remote/hybrid work. “In 2024, chief information and security officers (CISOs) in India will prioritize their spending on SRM to improve organizational resilience and compliance,” said  Shailendra Upadhyay , Sr Principal at Gartner. “With the introduction of stringent government measures mandating security breach reporting and digital  data protection , CISOs are facing heightened responsibility in safeguarding critical assets against evolving cyber threats.” Gartner a...
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IDC Debuts Cloud Framework Tool

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Published on Sunday, 24 June 2012 07:26

Worldwide public IT cloud services spending is forecast to surpass US$55 billion in 2014. Yet, IT leaders continue to struggle with quantifying the operational, organizational and financial implications of their application hosting and platform decisions, according to market analyst IDC.

To help IT decision makers to better understand their options and the associated implications as they move various enterprise workloads to the cloud, IDC has developed a new Cloud Decision Framework Tool. "This tool was designed to help guide IT managers in their decisions around on-premise, private and public cloud computing options," said Joe Pucciarelli, vice president, Technology Financial.

"The painstaking evaluation struggles that once plagued the cloud decision-making process have been all but eliminated as the Cloud Decision Framework Tool does all the heavy lifting."

 Cloud Decision Framework Tool Helps IT Managers:

  • Become more agile in the cloud decision making process
  • Understand and take advantage of the profound technology, platform, staffing, and economic opportunities that will shape IT strategies in the coming years
  • Identify customer priorities for IT cloud system management software investments
  • Align business/IT governance around a specific cloud vision
  • Restructure IT purchasing and sourcing approaches
  • Evaluate overall cloud goals

"The new tool allows you to decompose a complex business decision by breaking it down into its key components. A CIO can use the tool to collaborate with the rest of the executive team and get them on board with moving to a cloud," commented Allyn McGillicaddy, Principal, Office of the CIO.com.

-----IDC

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