Server market revenue reached $22.6 billion in 3Q20
Vendor revenue in the worldwide server market grew 2.2% year over year to $22.6 billion during the third quarter of 2020 (3Q20), according to IDC. Worldwide server shipments declined 0.2% year over year to nearly 3.1 million units in 3Q20. Volume server revenue was up 5.8% to $19.0 billion, while midrange server revenue declined 13.9%…
CFOs taking strategic roles after overcoming COVID-19 challenges
CFOs are taking on greater strategic and enterprise-building roles after guiding their organizations through the challenges of COVID-19. CFO Research of Argyle Advisory & Research Services and FTI Consulting surveyed 325 corporate finance executives to better understand how CFOs and the finance function drive enterprise value. Five key themes The work of CFOs during the…
Rising physical threats putting leaders under pressure
Physical threats are rising and increasingly unmanageable, putting unprecedented financial, reputational and liability pressures on business leadership and security teams, according to a study by the Ontic Center for Protective Intelligence. As physical security operations budgets are expected to increase in 2021, driven and accelerated by COVID-19, the study showcases the collective perspectives of chief…
Demand for private network deployments will be driven by heavy industry verticals
With enterprise 5G maturing, the importance of private networks for the enterprise domain will continue to grow. According to ABI Research, the demand for private network deployments will be driven primarily by heavy industry verticals. Industrial manufacturing, energy production (including mining, oil and gas, and logistics) alone will generate private network revenues of $32.38 billion…
Cyber teams are getting more involved in M&A
Despite ongoing economic uncertainty amidst a global pandemic, many dealmakers remain optimistic about the outlook for the year ahead as they increasingly pursue alternative merger and acquisition (M&A) methods to navigate the crisis and pursue new disruptive business growth strategies. According to a Deloitte survey of 1,000 U.S. corporate M&A executives and private equity firm…
What happens to funds once they have been stolen in a cyberattack?
SWIFT and BAE Systems published a report that describes the complex web of money mules, front companies and cryptocurrencies that criminals use to siphon funds from the financial system after a cyber attack. The report highlights the ingenuity of money laundering tactics to obtain liquid financial assets and avoid any subsequent tracing of the funds….
Emerging risk trends: Top risks to identify and address
Senior executives reported concerns around renewed outbreaks of the COVID-19 pandemic as their top emerging risk in the second quarter of 2020, according to Gartner. Gartner surveyed 131 senior executives across industries and geographies on the top concerns facing their businesses with results showing that the second wave of COVID-19 topped executives’ concerns, even as…
Overconfident about their security, businesses are falling victims to bot attacks
Many businesses are at risk from bot attacks, despite an awareness of the problem and a widely held belief that they have the problem under control, Netacea reveals. Global businesses at risk from bot attacks The research surveyed businesses across the travel, entertainment, e-commerce and financial services sectors. It found a high awareness of how…
Cloud IT infrastructure spending grows, non-cloud investments plunge
Vendor revenue from sales of IT infrastructure products (server, enterprise storage, and Ethernet switch) for cloud environments, including public and private cloud, increased 2.2% in the first quarter of 2020 (1Q20) while investments in traditional, non-cloud, infrastructure plunged 16.3% year over year, according to IDC. Pandemic as the major factor driving infrastructure spending The broadening…
Over half of security leaders still rely on spreadsheets
Senior security leaders within financial services companies are being challenged with a lack of trusted data to make effective security decisions and reduce their risk from cyber incidents, according to Panaseer. Results from a global external survey of over 400 security leaders that work in large financial services companies reveal concerns on security measurement and…