IT Spending Priorities Point To Cyber, Cloud And Data
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TechTarget's survey of IT professionals underlines the continued importance of security and cloud initiatives, as well as increased interest in data management and governance.
Cybersecurity and cloud, unsurprisingly, rank as tech professionals' top IT spending categories, but data management joins those perennial investment drivers on this year's urgent to-do list.
TechTarget's global 2023 "IT Priorities Survey" polled more than 1,600 respondents, about half of which work for North American companies. For the North American contingent, 63% cited cybersecurity as a broad technology initiative that has become more important over the past two years -- making it the No. 1 choice out of two dozen categories. Cloud -- including compute, storage and applications -- ranked second on the list, with nearly half of respondents pointing to that technology. Ransomware protection, a subset of cybersecurity, placed third.