‘Complacent’ security investment rings alarms bells

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IDC News

Mark Walker,IDC Directions 2024,IDC Directions

Planned investment in security slumps, due to complacency that needs to be addressed quite sharply, says IDC.

Artificial intelligence , multi-cloud technologies and data systems will lead IT investments planned for the next 12 months in the Sub-Saharan Africa region.

While there are great investment plans for AI, multi-cloud, data systems, etc, Walker commented it’s concerning that security is pretty low down on the priority list. “If we compare security to the EMEA levels, in EMEA it is sitting halfway up.South Africa still has impressive ICT spending growth despite economic conditions, he revealed.

“A lot of the spend will be towards AI, recovery spend as a result of the COVID-19 period, hardware, IT services and telecoms services, especially as telcos move from being telecommunications providers to communications-based service providers.” IDC anticipates strong spend for the sector at R30 billion, with 11% growth. “A lot of it is run rate and a lot is focused on the security aspects.

“There will be some of that bump in spend this year. Overall, government is starting to wake up to the fact that…there needs to be a focus on the relevance of technology and its benefits to the general population and the economy at large.”

 

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