IT investments to protect networks, infrastructure and data are increasing. Cybersecurity is the priority, even more than innovation. The skills issue remains. These are some of the findings of Red Hat's annual Global Tech Outlook survey, now in its ninth edition, on the status of organisations worldwide in their digital transformation initiatives.
More than 1,700 IT industry leaders from different countries were surveyed to identify key technology usage news and trends.
12% of organisations said they were driving digital transformation in their industry, 23% were accelerating, 31% were in a transformation phase, and 18% were in an emerging phase. In terms of budgets, cybersecurity accounts for the majority of IT investment across all regions and in almost all sectors, with network (40%) and cloud (38%) security scoring the highest, while third-party or supply chain risk management (12%) and security or compliance personnel (13%) were at the bottom of the list.
Cloud security is the top priority for investments in cloud infrastructure (42%). Security and data integrity are the main areas of funding in analytics (45%), surpassing artificial intelligence (AI) and machine learning (ML). Security automation (35%) overtook cloud (33%) and networks (30%) services as priorities.