International Data Corporation (IDC) stories - Page 17

The data analyst company says these companies must also build trusted data initiatives by increasing the capabilities required for digital trustworthiness.

The market for dedicated cloud infrastructure as a service is projected to grow 100x in the next five years, reaching $14 billion, according to IDC.

Cloud infrastructure spending reached $15.1 billion in 2021's first quarter, representing an increase of 12.5% year over year, according to the analyst firm.

CrowdStrike's Falcon cybersecurity platform has won two awards from AWS, recognizing its achievements in protecting customers and its ISV partnership.

Organizations in 2021 are projected to spend $656bn on future of work technologies, a 17.4% increase over 2020, according to IDC.

CrowdStrike tops IDC's Modern Endpoint Security market share rankings, as companies prioritise EDR capabilities in remote work environments during the pandemic.

Seven vendors were designated Leaders in the space, with IDC noting that these providers demonstrated leadership in the provision of cloud-native security.

Research from IDC has revealed that worldwide revenues of data privacy management software grew by 46.1% year-over-year in 2020.

New Zealand's smartphone market experiences highest annual growth in 7 years, with a 30.1% increase in Q1 2021, according to IDC.

This represents a 7.7% increase from 2020, and IDC says the trend will continue: in 2022, shipments will total 1.43 billion — a year-over-year increase of 3.8%.

SAS has expanded support for additional cloud providers, as the demand for public cloud deployments of big data and analytics software grows.

Software spending in Australia and New Zealand reached $13 billion in 2020, a 7% rise, according to IDC's latest report.

Data-driven organisations must evaluate evolving requirements for backup and disaster recovery to combat emerging workload challenges.

Spending on blockchain solutions is set to reach $6.6 billion this year, with strong growth expected in the coming years, according to IDC.

Asia Pacific's ICT spending is projected to grow by 4.9% to reach $924bn this year, and is expected to exceed $1tn by 2024, according to IDC.

Connectivity will play an increasingly important role in organizations' resilience as the consequences of COVID-19 persist, according to IDC.

That means that most data was essentially created to be consumed, or cached and overwritten with new data, says IDC.

Despite organisations cutting spending in many areas during 2020 due to the impact of COVID-19, security remains a consistent area of increased investment.

Worldwide smartphone shipments could achieve a 5.5% growth rate this year - and PC shipment rates will also grow 18.2%.

The reduction is, in part, due to the theory that aggregated compute resources across enterprise and large data centres are more efficient.