Increasing security concerns are driving spending in emerging technologies, according to new research.
Spiceworks’ 2019 State of Future Workplace Tech report shows investment in emerging security solutions is being led by anti-ransomware solutions (43 percent), employee security training tools, such as end-user security testing (41 percent), and hardware-based authentication like security tokens (35 percent).
It shows that 59 percent of IT decision makers believe employee security training tools are the most effective way to prevent security incidents, followed by breach detection systems (37 percent), anti-ransomware solutions (37 percent), and user behavior analytics (33 percent).
However, the survey indicates that smaller companies are focusing more on people and processes, while larger firms are investing more in tools to prevent cyber attacks. For example, large enterprises currently have the highest adoption rates for browser isolation (43 percent), IoT security solutions (40 percent), cloud workload protection (39 percent) and deception technology (29 percent).
“Small businesses seem to be relying on training their users on what not to do, what to look out for. In larger companies it’s difficult to get to everybody, so they put more weight on other tools,” Peter Tsai, senior technology analyst at Spiceworks told Channelnomics at the company’s user conference, SpiceWorld 2018, in Austin, TX this week.
“Their environments might be so complex, and their users might span geographies – they think maybe AI can help, and they’re planning to adopt cloud workload protection tools,” Tsai noted.
The data tallies with Spiceworks’ adjacent 2019 State of IT Budgets report, which shows that growing security concerns are the top reason enterprises are boosting budgets in 2019.
In non-security-related areas, the latest report shows that by 2020, 86 percent of companies with more than 5,000 employees plan to adopt IoT solutions, 65 percent plan to deploy edge computing, 64 percent expect to use artificial intelligence (AI), and 56 percent expect to utilize blockchain.
But a gap exists once again between large and small customers, where aside from large enterprises, few companies have yet to adopt virtual reality (14 percent), AI (10 percent) or blockchain (nine percent).