by Neil MacDonald | December 9, 2011 | Comments Off on Will the Euro Crisis Affect Information Security Spending?
I’ve just gotten back from Gartner’s Data Center Conference in Las Vegas. Like Gartner’s recent US Symposium and European Symposium, the conference had record attendance and interest in information security was high.
I’ll place the top security-related issues from non-vendor attendees in a separate post.
On the vendor side, I had several information security providers ask me about the potential impact of the Euro crisis on information security spending. Many of the vendors are right in the middle of their 2012 revenue forecasting and budget planning process so the question is top of mind. My recommendation to them was to bound their forecast and budgets with a worst case and best case envelope around their most likely forecast.
Gartner is following the developments closely and we have several resources available to clients and vendors to navigate this turbulent period. First, there is a webcast planned to discuss the impact of the Eurozone crisis that is open to all. Second, there is a special report being developed for Gartner clients that addresses the issue from multiple angles across all of Gartner research. The first research note for this set has already published for clients “CIOs Should Address the Impacts of the Euro Crisis on Their Enterprises Now”. Third, my European colleague has a just posted a survey to gather data for use in his research and his blog posts on the topic.
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