Security software tops IT must-buy list

Friday, 16 August 2002, 10:51 AM EST

According to the senior IT professionals and business decision makers polled, security software will experience a 7.9 per cent growth rate this year, while spend on Web-based applications and VPNs will rise by 5.8 per cent and 5.1 per cent respectively. Outsourcing spend will grow by just 0.6 per cent while consulting will fare even worse with a 0.3 per cent rise.

Micheal Freedman, director of NOP Research Group, said that when it comes to reducing expenditure, outsourcing and consulting are soft targets. "They are the easiest ones to cut costs on. It's very hard to cut costs on other aspects of IT that keep the network up and running."

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