According to research firm Gartner, the global market for software security products will maintain an upward trend this year despite the continuing upshots of recession.
Gartner estimates the security software market will account $14.5bn (£8.9bn) in 2009, gaining an eight percent increase from that of last year. A bigger boost is expected next year, with a 13 percent increase as the economy show signs of recovery.
Analyst Ruggero Contu also predicted a...






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The US Military has tapped Raytheon to create a critical technology, dubbed as MAINGATE, that will integrate discordant military wireless networks. The deal will last for four years, costing the government $155 million.
BAA is set to cut a huge chunk of its budget for management systems and infrastructure transformation, amounting to £137 million. The revamp will run for five years, which will include enhancing its security and access control, queue management, asset management and terminal support.
The Cyber Security Knowledge Transfer Network or KTN is warning users about the risks of embracing virtual worlds. KTN’s recently assigned director Tony Dyhouse claims that companies are relatively exposing themselves to the virtual world threats by trying to cut cyber security costs.
According to a recent research from Nuance, more than half of UK citizerns prefer to use electronic customer service systems than having to interact with overseas call center representattives.
Microsoft is set to retrench around 1 percent of its workforce in India. The move is part of the firm’s aim to realign its business priorities across the globe.
AT&T will be offering a new prepaid cellular plan for its consumers starting this week. The company is bidding its subscribers to get the $3 a day plan, allowing them to take advantage of unlimited voice service.
American cyber-security has received several criticisms from industry experts, describing it as “broken, childlike, and embarrassing.”
For the first time in 23 years, Microsoft tasted the bitter upshot of recession, taking a sales drop of 6 percent from that of 2008. The company reported a decline in profits by 32 percent, amounting to $2.98bn. Sales took the biggest dip at $13.65bn.
According to a research from consultancy firm Capgemini, retail banks are setting their eyes on IT optimization as a way to combat recession. Capgemini surveyed 200 banks across the globe, where 61 percent acknowledged that the speeding up of processes for building and selling new products was their major challenge. Thus, banks resorted to IT optimization to regain efficiency and speed. 

