| Asia/Pacific companies making IT security the ‘centrepiece of their business continuity plans’
IDC's Continuum Survey shows that an average of about 50 percent of enterprises in the region have deployed at least some sort of IT security. The range of investments and involvement fluctuate widely, ranging from low cost purchases of pirated antivirus products up to multi-million-dollar security implementations. One consistent trend, though, is that companies which have previous security breaches have made security a top priority for their organisation. Among the array of IT solutions such as ERM, CRM, SCM, BI, security, storage, and wireless connectivity, security solutions has been ranked as the second most strategically important in the region after ERM. "In the Asia/Pacific (excluding Japan) region, security investment comes primarily from large and dominant industries such as financial, telecommunications and government," says Jessie Yu, associate market analyst, IDC Asia/Pacific Security and Business Continuity Services. "The common characteristics of the above sectors are their data-sensitive business nature and their reliance on the "always on" network connectivity, where any downtime or security breach would induce detrimental consequences." IDC's Continuum Survey also shows that a surprising 29 percent of public agencies do not have any business continuity plans in place. IDC estimates a strong 22 percent compound annual growth rate (CAGR) in 2003-2008 for the Asia/Pacific (excluding Japan) security services market, but vendors still need to understand the market both vertically and geographically in order to exploit opportunities and gain market share. For more information about purchasing the research, please contact Selina Ang at tel: +65-6228-7717 or sang@idc.com
•Date:
29th September 2004 • Region: Asia Pacific •Type:
Article •Topic: BC
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