Chief information security officers in North America have more responsibilities and a broader job scope than do colleagues in Europe, according to a Forrester Research survey, although the Europeans appear to have more money budgeted for security. The survey says the bigger workload means the North American executives have "less time to mature their security organizations."
Juniper Networks officials say the company's approach on software-defined networking will help it grab part of what analysts predict will be a $3.7 billion market by 2016. The company also plans to enhance its partner program for the cloud and services.
The growth of the smart-electricity industry is benefiting software and services firms that help build and manage smart-grid deployments, a study by Pike Research says. The research firm estimates that the IT services and software market saw 20% growth between 2011 and 2012.
The cloud has been a boon for VoIP vendors, and combined, the two technologies are creating a robust hardware-sales opportunity, Laura Stotler writes. However, there are challenges tied to regulatory compliance, customer demands and service expectations, Stotler writes.
The fourth-quarter earnings outlook for IT companies isn't encouraging, analysts say, with a projection of a 1.1% overall decrease compared with the year before. Chipmakers are expected to be a big part of the decrease, analysts say.