With the dramatic increase in the volume of data, organizations are making it a high priority to better manage their data and keep it secure. The resolution for 2020 meant many will be spending more on IT to meet these goals. Digital Insurance brought this interesting information to our attention in their article, “Better data management practices a top goal for many organizations in 2020.

A recent survey of business and technology buyers from organizations across North America and Europe showed that aging technology infrastructure and growing security concerns were among the drivers for IT budget Increases for this year. Of those organizations surveyed, 44 percent plan to increase their IT budgets.

Digging a little deeper reveals that adoption rates of artificial intelligence (AI) technologies are expected to nearly triple, from 15 percent in 2019 to 42 percent by 2021, while adoption of hyperconverged infrastructure, edge computing, and serverless computing technologies are expected to double over the same time period.

Melody K. Smith

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