Protection is still the main driver for security, but a new CA Technologies study released on Feb 25 reveals that Asia Pacific and Japan (APJ) organisations are approaching security from new perspectives, recognising its potential to deliver enhanced customer experience and contribute to business growth in the increasingly competitive application economy.
Titled "8 Steps to Modernise Security for the Application Economy," the CA Technologies-sponsored study polled 650 senior IT and business leaders from various industries across six APJ markets, including Australia, China, India, Japan, Korea and Singapore.
According to a media statement, the study aims to show how mobility, APIs and business growth have brought a balanced view of control and enablement to security, leading to an increase in investment by APJ organisations.
Key findings from the study show four key trends influencing the perception and implementation of security in APJ enterprises:
- Security as a business growth enabler: Almost half of APJ respondents (48 percent) recognise that business enablement is an important benefit of security and can drive growth. Additionally, 68 percent of respondents have seen or expect to see increased revenue from new services enabled by improved security.
- Increase in security investment: This new view toward security and the protection and business enablement it offers has sparked an increase in security investment. According to APJ respondents, an average of 26 percent of all IT spending will be devoted to security in the next three years, up from 17 percent today.
- Spurring innovation through open APIs: Success in the application economy requires businesses to innovate and release applications more quickly, and API-assembled apps will lead the way. To facilitate that need, 74 percent of APJ respondents have opened their data as APIs to accelerate mobile and web application delivery, improve customer engagements and open new revenue channels and opportunities. This adds new considerations to the protection factor of security.
- The impact of mobility: Improving the mobile customer experience was cited by 42 percent of APJ respondents as one of the top security priorities. In addition, 55 percent of respondents say mobility has a big or significant impact on security practices and policies with respect to customers. This trend is expected to continue upwards as mobility, BYOD and the Internet of Things continue to drive an increasingly "unwired enterprise" where perpetual connectivity adds a complexity and security risk that must be addressed for employees, customers and partners.
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