SNL Kagan Releases New Radio/TV Station Annual Outlook Showing Steep Broadcast Revenue Declines in 2009
Monterey, Calif. (Vocus) March 30, 2009
According to SNL Kagan’s updated “Radio/TV Station Annual Outlook,” radio and TV revenues will continue to fall in 2009 but are expected to regain some ground over the long term.
In 2008, the broadcast sector suffered deep declines as the recession intensified, with radio revenues down 10.0% to $ 17.7 billion and local and national spot TV ad revenues dropping 6.9% to $ 20.1 billion. SNL Kagan estimates 2009 revenues will slide even further, with declines of at least 15.0% for radio and 15.7% for TV stations anticipated.
SNL Kagan forecasts a turnaround in 2010, with modest growth through 2013 offsetting some of the declines of 2008-2009. In the five-year outlook, SNL Kagan expects radio revenues to decline by a CAGR of 1.9% and TV revenues to drop 2.0%.
Markets in Michigan are projected to grow the slowest, with mass automotive industry layoffs placing the future of the big three automakers in jeopardy. The Detroit market is expected to decline 16.3% for radio and 17.7% for TV in 2009, with a five-year CAGR of 2.9% and 4.4% respectively.
At the other end of the spectrum, Washington, DC tops the list of markets showing the least attrition with a five-year CAGR of 0.4% for radio and 0.2% for TV, due to a massive increase in Federal government spending and the migration of laid-off banking professionals to jobs in the public sector. San Diego is a close second, with a CAGR of 0.4% for radio and 0.5% for TV.
“The outlook for 2009 indicates another grim year for broadcast revenues,” said Robin Flynn, senior analyst at SNL Kagan. “Those radio and TV station owners who are able to reduce expenses while continuing to transition their business models to develop digital assets and non-traditional revenue streams will survive and reemerge as more efficient operations. If broadcasters have an advantage over Internet companies, it is their reach within local communities, and their financial success will depend on how they work to meet the needs of the local market.”
The state of the broadcast industry in the wake of the economic crisis and the future prospects for growth and transactions will be the main subject at the 26th Annual SNL Kagan Radio/TV Finance Summit on Wednesday, April 1 at the New York Athletic Club in New York City. For more information on the event, call 434.951.7786.
About the Study
“Radio/TV Station Annual Outlook: Market-by-Market Revenue Projections,” published annually by SNL Kagan for over 20 years, takes into account overall broadcast revenue trends, market demographics and projected ad revenues in determining a market’s growth potential. The study is available exclusively as part of SNL Kagan Unlimited Information Service. For more information on this study and other media and communications data from SNL Kagan, call 866.296.3743.
About SNL Kagan
SNL Kagan, a division of SNL Financial LC, is a comprehensive resource for financial intelligence in the media and communications sector, including the broadcasting, cable, entertainment, motion picture, telecom, wireless, satellite, publishing and new media industries. The SNL Kagan suite of products integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock. For more information, visit http://www.snlkagan.com.
Visit the SNL Press Room to learn more about resources available to members of the media.
Press Relations Manager
One SNL Plaza
Charlottesville, VA 22902
Other office locations:
Ahmedabad, India; Arlington, Va.; Boston, Mass.; Islamabad, Pakistan; Jersey City, N.J.; London; Monterey, Calif.; New York.
Silver Spring, MD (Vocus) March 31, 2009
In its annual State of the ECM Industry research report, AIIM has found that managing electronic office documents is still a challenge for 47% of organizations, and that modern business communication channelsinstant messages, text messages, blogs and wikisare uncontrolled and off the corporate radar for 75% of businesses. However, AIIMs research also found that whereas two years ago compliance was the main driver for bringing this content into a controlled and searchable environment, cost savings and efficiency are now the main motivating factors.
According to the AIIM survey, for those that have invested in ECM or document and records management solutions, hard dollar savings have on the whole turned out on plan, and soft dollar benefits have exceeded expectations. Compared to other significant technology investments, ECM implementations have generally produced better returns.
John Mancini, President of AIIM, comments, For many organizations, poorly managed and out of control information represents a huge potential source of bottom line savings in this tight economy if only organizations would just take this cost saving seriously. Controlled content can be fed into business processes to speed them up, cut down travel via project collaboration, and form a knowledge base for the business. Uncontrolled content represents a lost opportunity – and a major compliance risk.
The survey also found that spending on Business Process Management (BPM) and Workflow was likely to grow strongly in 2009, with Enterprise Search, Email Management, Document Management and Records Management all set to show positive growth.
The full report in the AIIM Industry Watch series, “State of the ECM Industry whos achieved it, how are they doing it and is it working for them? can be downloaded free at http://www.aiim.org/stateofecm2009 and is supported by EMC, Oracle, Open Text, and Allyis.
AIIM (http://www.aiim.org) is the community that provides education, research, and best practices to help organizations find, control, and optimize their information. The AIIM community has grown to over 65,000 professionals from all industries and government, in over 150 unique countries, and within all levels of management including senior executives, line-of-business, and IT.
For over 60 years, AIIM has been the leading non-profit organization focused on helping users to understand the challenges associated with managing documents, content, records, and business processes. Today, AIIM is international in scope, independent, implementation-focused, and, as the representative of the entire enterprise content management (ECM) industry – including users, suppliers, and the channel – acts as the industry’s intermediary.
Subscribe to AIIM RSS feeds at http://www.aiim.org/feeds
Subscribe to industry press release feeds at http://www.aiim.org/ResourceCenter/RSSFeed.aspx?Type=PRESSRELEASES
About the Sponsors
The EMC Documentum family of enterprise content management solutions provides a comprehensive, fully-unified software platform to manage and leverage content in a cost-effective, controlled manner, providing secured access and re-use across the enterprise. It combines a unified platform with a strong compliance infrastructure to support key business needs. http://www.software.emc.com/documentum
About Oracle Content Management
Oracle Content Management is the industrys most unified enterprise content management platform that enables customers to leverage award-winning document management, web content management, digital asset management and records management functionality to build your business applications. Oracle Content Management enables you to easily integrate your content into everyday business processes and applications. http://www.oracle.com/goto/ecm
About Open Text
With 17 years experience, Open Text stands unmatched in its understanding of ECM. Our comprehensive Open Text ECM Suite is a reflection of our ECM expertise, enabling you to control the risk and cost of content, foster process agility and innovation, and empower your people to make better decisions while providing them with a compelling user experience. http://www.opentext.com
Allyis develops and supports technologies that help businesses operate, share information and communicate more effectively. We specialize in building next generation solutions that drive collaboration, foster knowledge sharing, streamline processes, surface businesses insights and lead to more informed, agile decision making and business operations. http://www.allyis.com
For more information, contact:
bmayhew (at) aiim.org
Director, Market Intelligence
dmiles (at) aiim.org
Basingstoke, Hampshire (PRWEB) April 1, 2009
From April 1st, UK families will start to pay on average an additional
Montreal, Quebec (PRWEB) April 1, 2009
SAND Technology Inc. (OTCBB:SNDTF), an international provider of data management software and best practices, today reported a loss for the three-month period ended January 31, 2009. The Company reported a net loss for the second quarter of fiscal year 2009 of $ 127,415 on revenues of $ 1,747,384 compared with a net loss of $ 491,343 on revenues of $ 1,419,521 for the second quarter of fiscal year 2008. All figures are in Canadian dollars.
“Our second quarter has shown an improvement compared to our first quarter this year as well as over the second quarter of last year,” notes Arthur Ritchie, President and Chief Executive Officer of SAND.
“While we see the positive impact of closing some of the orders that were delayed, we still remain challenged by customers who have adopted a more cautious attitude to spending by decreasing and/or delaying the placing of orders and conserving their cash. However, we believe that the value of SAND/DNA products as an enabling technology that increases efficiency and saves costs will remain intact over the long-term. These strengths may prove to be real opportunities in a time when budgets are being cut. Despite the macro factors affecting our business, we continue to make positive strides in attracting new business directly from customers and indirectly through our systems integrators and application vendors.”
About SAND Technology
SAND Technology provides Data Management Software and Best Practices for storing, accessing, and analyzing large amounts of data on-demand while lowering TCO, leveraging existing infrastructure and improving operational performance.
SAND/DNA solutions include CRM analytics, and specialized applications for government, healthcare, financial services, telecommunications, retail, transportation, and other business sectors. SAND/DNA has achieved “Certified for SAP NetWeaver” status and SAND Nearline Integration Controller has achieved “Powered by SAP NetWeaver” status.
SAND Technology has offices in the United States, Canada, the United Kingdom and Central Europe.
SAND Technology, Nucleus, N-Vector, and MPSO are registered trademarks, and SAND/DNA, SAND/DNA Access, SAND/DNA Analytics, SAND/DNA aCRM, SAND Analytic Server, SAND Searchable Archive, SAND Extensible Warehouse, and all related SAND-, SAND/DNA, and Nucleus-based marks and designs, are trademarks of SAND Technology Inc. Other trademarks remain the property of their respective owners.
Certain statements contained in this press release are “forward looking statements” within the meaning of the United States Securities Act of 1933 and of the United States Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995 and following the Quebec Securities Act. The forward-looking statements are intended to be subject to the safe harbour protection provided by these Acts. We have based these forward-looking statements on our current expectations and projections about future results, levels of activity, events, trends or plans. Such forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SAND to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward looking statements included in this press release are based on current expectations and on information available to SAND on the date of this press release. For a more detailed discussion of these risks and uncertainties and other business risks, see SAND’s current Annual Report and SAND’s reports to the Securities and Exchange Commission (filed on EDGAR at http://www.sec.gov) and the Canadian securities authorities (filed on SEDAR at http://www.sedar.com). You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date made. Except as required by applicable laws, we undertake no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of unanticipated events.
Herndon, VA (PRWEB) April 10, 2009
EcomNets, a Deloitte Fast 50 company dedicated to advancing energy efficiency in data centers and business computing ecosystems, today announced the open registration for The Earth Day: Green IT Forum, which will take place on Earth Day, April, 22, 2009 in Herndon, VA. As current economic conditions are forcing many organizations to cut back on IT spending, improving energy efficiency within the data center and beyond to achieve associated cost savings has never been a more business-critical topic. Designed to help devise an effective IT Eco-Efficiency plan for organizations in the mid-Atlantic region, the conference invites attendees to be a part of the larger conversation around advancing IT energy efficiency. Conference attendees will have an opportunity to take an in-depth look at the implementation and benefits of enterprise-wide desktop power management, virtualization, distributed power management, electronic waste management, energy efficient hardware, and explore current and emerging techniques for managing data centers for efficiency, and discuss future technical deliverables from the organization including its latest research findings and tools. The Earth Day: Green IT Forum will also feature panel discussions with leading industry vendors like: VMware, EMC, APC, PC Recycler, and Cisco. “At the Earth Day: Green IT Forum, attendees will walk away with actionable information to help measure energy consumption and significantly improve energy cost savings,” said Terell Jones, Director of Infrastructure at EcomNets. “As a Green IT Solutions Provider, EcomNets understands the growing need for energy efficiency within data centers and the entire enterprise.”
The event agenda for The Earth Day: Green IT Forum on April 22 is included below. To register for this event, visit:
Public Sector Lawyers Turn to Iken Legal Software to Keep Pace with Dramatically Increased Caseloads
Bristol, England (PRWEB) April 14, 2009
When asked what he believes to be the greatest business challenge faced by his department, Hugh Peart, Director of the large Legal Governance Services team at Harrow, stated unequivocally that it’s “keeping up with increased workload despite a zero increase in grant”. Consequently, innovation is the name of the game for Harrow’s Legal Team: finding ways to increase speed and improve efficiency in order to absorb what Hugh believes to be an average 30% year-on-year increase in caseload.
By using an integrated combination of Time Tracking, Legal Workflows, Court Bundling and Case Management Software from Iken Business Ltd, the legal team at the London Borough of Harrow is freeing the 40 lawyers from time-consuming background tasks, enabling them to concentrate on more value added work.
Hugh Peart, Director of Legal Governance Services at the London Borough of Harrow, stated:
“I believe we’re at the cutting edge of driving efficiencies. Iken legal software is playing a fundamental role in allowing us to enhance processes and manage a higher caseload with the same level of resource.”
“One of the keys to efficiency is ensuring that every member of the team is spending as much time as possible on value-added tasks, building capacity by minimising the time being spent on activities that Hugh calls ‘the drudgery’. ”
Elizabeth Miles, Director of Iken Business, explained: “The Iken legal software solutions are designed to automate the background tasks, freeing lawyers to concentrate on content rather than format. Information is always to hand when they need it; both emails and documents are seamlessly filed by case, increasing the integrity of information. Sharing information between team members, clients and third parties is faster and easier, and the systems also support remote working.”
A copy of the full case study is available at http://www.iken.biz/public_sector_legal.aspx .
About Iken Business Ltd
First established in 1997, Iken Business Ltd is a leading supplier of legal software solutions for progressive legal teams in the public sector, corporate sector, commercial legal and private practice. With clients ranging from over 60 local authorities to numerous enterprise clients including household brand names, Iken holds the leading market share for Case Management and Matter Management software for in-house lawyers in the UK.
About the London Borough of Harrow Council
Harrow is an outer London Borough in northwest London and approximately 10 miles from central London. Covering 50 square kilometres (20 square miles) Harrow is the 12th largest borough in Greater London in terms of area, but 22nd in terms of size of population . It is one of the most diverse boroughs in the UK. The Legal and Governance Services team is managed by Hugh Peart and consists of around 100 employees; approximately 40 of these are Lawyers.
San Diego, California (PRWEB) April 17, 2009
PaperFree Corporation, the leader in information capture and management solutions for business and government, today announced that the State of Louisiana has officially awarded them a contract to provide the products and services for the design, development, implementation, testing, and training needed to provide a complete solution that improves remittance, return, data capture and imaging capture processes that support all functions within the Revenue Processing Center of the Department of Revenue (LDR).
“Louisiana has always been a leader in embracing technology to automate their paper processes and has now chosen to continue that legacy by investing in the very best technology available today for information capture and management. PaperFree was chosen as the provider of this solution because it effectively demonstrated the use of new and emerging technologies that will further help LDR in automating their paper-intensive process, which ultimately will result in a significant cost savings and further improvement in overall customer service,” said James Robinson, President and CEO of PaperFree. “LDR went through a comprehensive and arduous process to get here. They invested a significant effort up front in choosing the right vendor and the right solution. They clearly demonstrated to the marketplace why they continue to lead the way in government tax processing.”
LDR currently processes several million tax returns and payments each year. They have accomplished this task historically through the adoption of ICR/OCR scanning technologies. They have successfully demonstrated how automation can be designed and implemented correctly and with maximum return for a state tax processing agency. Over the years, as new technologies continued to emerge, LDR took note and began the process of understanding how another significant investment in their tax processing systems could allow them to further enhance their operation and expand their ability to collect information closer to the source of origin as well – specifically from their remote field offices. Through the use of EMC’s Captiva product suite and ImageScan’s RemitTrac , PaperFree presented a solution that not only met the specified requirements created by LDR but also clearly demonstrated a path for future growth and expansion as software OEM’s continue to seek out and develop new technologies. This was key for LDR, to invest in a solution that was clearly developed and supported by market leaders who were financially stable as well as proven leaders in the development of new technologies for the marketplace. “The technology being employed in this new solution will take LDR well into the future. Both EMC and ImageScan are well known as being market leaders in developing new technology for information capture and management. PaperFree only aligns itself with proven software OEM’s who are clear cut leaders in the marketplace. Bringing the very best in new technologies and solution design to our customers is something we care a great deal about. We spend a significant amount of time and energy each year to ensure we continue to do so successfully,” said Edmund Karls, Vice President of Government Solutions for PaperFree.
PaperFree has already enjoyed doing business with LDR for many years now through their use of vCapture, a strategic outsourcing solution developed by Virtual Solutions and provided by PaperFree. vCapture has enabled LDR to use a ‘virtual workforce’ to key sensitive tax data over the internet safely and at a significant cost savings over traditional labor. By taking this next step, PaperFree will provide an even more comprehensive approach to adding efficiencies throughout the entire operation in addition to the continued use of vCapture. The new processing solution will involve every aspect of the current operation from mail handling, remote capture (field offices), scanning, data capture, remittance processing, Check-21/ARC payment handling, integration to the GenTax System and complete operational reporting.
The project will begin immediately and is expected to be completed by late 2010. “PaperFree is considered to be one of our most valued partners. They have an extensive background in information capture and management and have always been one of our strongest partners in the tax processing market as well. We fully support their efforts and believe they possess both the skills and experience to meet and exceed the requirements for this contract with the State of Louisiana” said Gilbert Vargas, Channel Manager for EMC.
PaperFree Corporation is the recognized leader in enterprise wide information capture and management; Integrating proven data capture, content management, and strategic outsourcing solutions for the enterprise. Committed to providing customer centric service. Specializing in the capture, management, and analysis of business critical information through the use of automation technology and/or strategic outsourcing services, PaperFree helps their customers to drive their processing efficiency, increase information delivery throughout the organization, and ultimately reduce costs where it is often needed most.
Founded on the firm belief that information is an often overlooked or underutilized component that can help drive the success of any business or government agency, PaperFree succeeds in bringing together the market’s best technologies alongside with leading best practices to achieve a higher return on investment for all information entering and moving throughout the enterprise.
PaperFree’s commitment to their customers and ability to respond to the ever-changing needs of business and government, make them the ideal choice as an information management technology partner.
For more information on this press release or on PaperFree and the many solutions they provide, feel free to contact them at 1-888-726-7730 or via the web at http://www.paperfreecorp.com.
EMC, Captiva, ImageScan, RemitTrac, GenTax, Virtual Solutions, and vCapture are all registered trademarks and property of their respective owners.
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Dallas, TX (PRWEB) April 17, 2009
Responding to one of the toughest economies in generations, astute executives in a wide range of industries are deploying RFID-based applications as part of a cost- and efficiency-driven strategy to weather the current downturn, and as a proactive move to drive innovation, growth and profits as the economy recovers.
Now in its 16th month, the current recession has been marked by housing and credit crisis, falling consumer spending and a contraction in worldwide trade. U.S. GDP fell by a 6.3 percent annualized rate in the fourth quarter of 2008, reflecting a global retrenchment that presents tremendous challenges to organizations across the industrial spectrum. Yet amid those daunting headlines, some positive economic news is beginning to emerge. Earlier this month, the Blue Chip Economic Indicators survey showed that 86 percent of private economists now believe the economic downturn will end in the second half of 2009. While higher unemployment may persist for some time and although above-trend growth may not return until late 2010, many economists now expect improvements in consumer spending, housing, business inventories and exports to spark a slow but steady recovery.
“Instead of retrenching and retreating in response to current economic pressures, we are seeing people make smart investments in applications that will reduce their costs, eliminate wasteful processes and improve customer service and satisfaction,” says Jim Caudill, SVP of marketing and strategy for Xterprise. “These applications deliver rapid time-to-value, providing immediate help to companies striving to weather the current business cycle, while positioning them to gain efficiencies, growth and market share in the coming recovery.”
To navigate today’s troubled economic waters, and to maximize opportunities in the anticipated late-year recovery, companies are increasingly investing in a new generation of RFID-based solutions, such as the Clarity applications from Xterprise.
A national dairy products manufacturer has reduced days sales outstanding, while offering differentiated customer service with product freshness guarantees;
A leading aviation services company is moving beyond a pilot to deploy an enterprise RFID platform to drive continuous process improvement in its crucial tooling control activities;
A number of leading medical research universities are gaining better control over their research assets while they increase the accuracy and frequency of their rental billings;
A global logistics service provider is providing shipment visibility and value-added services to its customers in its international shipping business;
A cutting-edge international fashion retailer is taking firm control of its inventory to reduce out of stocks, eliminate shrinkage and grow sales per square foot;
A leading pharmaceutical and health care firm is assuring the safety of its employees in the event of an emergency at its production facilities, reducing its corporate risk profile;
Several top-tier banks and insurance companies have discovered they can leverage RFID as an innovation and cost reduction platform, while meeting governance, regulatory and compliance mandates.
“You can constantly react to a negative business climate, or you can choose to be proactive by streamlining your operations and planning for recovery and growth,” adds Caudill.
Xterprise will be highlighting their Clarity applications at the upcoming RFID Journal Live! Conference and Exhibition, held in Orlando, Florida April 27th – 29th, 2009. Numerous Xterprise customers will be featured on the main stage, in breakout sessions, and informally at the Xterprise booth, where they will be speaking to the business challenges addressed, benefits achieved, impact on their organizations, and sharing any lessons learned.
For over six years, Xterprise Incorporated has been a leader in the development of enterprise-class RFID (Radio Frequency Identification) software applications. These highly scalable applications combine our Clarity application framework technology, Microsoft platform technology, continuous improvement and lean supply chain expertise, enterprise systems integration along with RFID and other sensory technology to deliver previously unachievable levels of visibility, accuracy, process compliance and value to our clients. Recognized by Microsoft as their 2008 RFID Partner of the Year, Xterprise delivers fast return on investment, high value and low total cost of ownership solutions across a wide variety of industries. For additional information call us at +1-972-690-946, or visit us online at http://www.Xterprise.com.
RFID Journal Live! is a trademark of RFID Journal, LLC
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Santa Barbara, CA (PRWEB) April 19, 2009
The Consumer Advocacy Coalition (CAC) and community friends of First 5 unite with community leaders and elected officials to hold a press conference to explain Proposition 1D & Proposition 1E and why they oppose them.
The line-up of speakers opposing Proposition 1D and Proposition 1E at the press conference are: 1st District Supervisor Salud Carbajal; City Councilmember Helene Schneider; Executive Director Roger Thompson of CAC; President Linda Phillips of League of Women Voters; Executive Director David Selberg of Pacific Pride Foundation; Executive Director Suzanne Riordan of Families Act and Executive Director Barry Schoer of Sanctuary Psychiatric Centers.
Honored guests include: 2nd District Supervisor Janet Wolf; City Councilmembers Iye Falcone, Das Williams, Grant House and Roger Horton; Mayor Marty Blum; representative from Assembly member Pedro Nava’s office; Executive Director Geoff Green of the Fund for Santa Barbara; Executive Directors from the California Association of Marriage and Family Therapists, Mental Health Association, PathPoint, Phoenix House, the Independent Living Resource Center, New Beginnings and Child Abuse Listening and Mediation, NAMI California.
Proposition 1E cuts mental health care programs demanded by the voters through Prop. 63 by almost a half billion dollars. The Legislative Analyst warns that “local governments would incur added costs for homeless shelters, social services, medical care, law enforcement and county jails.” In Santa Barbara County, 10 programs are sustained with $ 11.49 million in Mental Health Services Act (MHSA) funds. Significant reductions to mental health services are not a question of conjecture, but a question of untenable compromises.
Proposition 1D cuts $ 268 million per year from children’s services like child abuse prevention, immunization and early childhood development, all created by Prop. 10.
Rusty Selix states in The San Francisco Chronicle, “Props. 1D and 1E are deceptive propositions designed by the governor and the Legislature to take-away voter-approved funding for our most vulnerable citizens.”
Proposition 1D and Proposition 1E take money out of specific programs required by the voters and put it in the state general fund, where the Legislature and the Governor can spend it with no fiscal accountability. Together they would provide just one-half of one percent of state spending. But Proposition 1D and Proposition 1E would slash services for some of the most vulnerable people in our communities. For more information, visit the official No Proposition 1D and Proposition 1E website. Advocacy and public awareness are more essential than they have ever been – we must defeat Propositions 1D and Proposition 1E.
San Francisco (Vocus) April 21, 2009
According to CompTIA’s 7th Annual Trends in Information Security survey, the majority of firms in the US and abroad plan to increase or maintain spending on IT security in 2009. The international results of the study will be released during RSA Conference, an IT security tradeshow being held at Moscone Center in San Francisco.
“Despite the cost cutting environment prevalent in many firms these days, one area of the budget appears to be off limits: IT security,” said Tim Herbert, vice president of research at CompTIA. “IT security falls into the mission critical category of spending and firms that cut-back on resources or efforts devoted to thwarting security breaches do so at their own peril.”
Forty-five percent of IT professionals in large US firms (500+ employees) report planned increases in spending on IT security technologies in 2009 according to the survey, while 52% say they’ll keep their budget at the 2008 level. In India and China the planned increases are even more significant. Strong majorities of Indian (68%) and Chinese (64%) firms expect to increase their spending on security in 2009.
“Viruses, worms and spyware led the list of top security issues in 2008,” Herbert explained. “But that is changing. As more workers utilize smartphones, notebook computers and social networking sites to engage with customers and staff, IT professionals must increasingly deal with a rapidly growing security perimeter, browser-based attacks, the loss of physical assets, and social networking threats.”
Worldwide, concern over browser-based attacks increased 13 percentage points year-over-year to 58%, while social engineering threats leaped 11 points to 30%. In China, IT professionals voiced concern over data theft, which increased in importance from 52% in 2007 to 63% in 2008.
In addition to comprehensive industry research, CompTIA offers other programs that address IT security issues including a new Security Trustmark accreditation that establishes security best practices for IT solution providers. To learn more about how IT security issues differ around the world or to get more information on CompTIA’s IT security programs, stop by the CompTIA booth (#332) during RSA Conference exhibit hours.
About the Study
CompTIA’s 7th Annual Trends in Information Security: an Analysis of IT Security and the Workforce focuses on identifying key trends in IT security, quantifying current and future spending on IT security, assessing the costs associated with IT security breaches, understanding the causes of IT security breaches and impact of these breaches, and determining the effectiveness of IT security training and certification. More than fifteen hundred IT professionals responsible for security at their organizations answered the questionnaire. Respondents were from the United States, Canada, the United Kingdom, and China and represented a wide range of industries including Education, Financial Services, Government, Healthcare and IT.
The complete report is free to CompTIA members. Go to the members-only area of the CompTIA Web site to access the report. For more information or questions, please contact firstname.lastname@example.org.
CompTIA is the voice of the world’s information technology (IT) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. CompTIA is dedicated to advancing industry growth through its educational programs, market research, networking events, professional certifications, and public policy advocacy. For more information, please visit http://www.comptia.org.
Director, Industry Communications