Worldwide IT spending is forecast to reach $3.4 trillion in 2010, a 5.3 per cent increase from IT spending of $3.2 trillion in 2009, according to Gartner, Inc. The IT industry will continue to show steady growth with IT spending in 2011 projected to surpass $3.5 trillion, a 4.2 per cent increase from 2010. more…

CXOs are increasingly interested in cloud computing because it can deliver lower costs, higher returns and increased efficiency. Analyst firm IDC says that cloud services will outpace traditional IT spending over the next five years and will represent $44.2 billion by 2013. Yet IT professionals see risks in entrusting information to the cloud, according to the survey of 1,809 US IT professionals who are members of ISACA. more…

Sourcefire announced the expansion of the Sourcefire 3D System to support the Xen 3.3.2 and 3.4.2 virtualization platforms. Now supporting the two leading virtual environments – Xen and VMware – Sourcefire ought to enable customers with diverse virtual platforms to further protect these investments, while also leveraging these resources to increase intrusion prevention capabilities. more…

Codenomicon today launched a new solution for distributed test lab monitoring and network troubleshooting. The Codenomicon Network Analyzer records test behavior and automatically visualizes network traffic. The Analyzer ought to provide testers with a clear picture of actual network traffic making it easy to discover problematic network areas, to target tests and to monitor the testing efforts in multiple locations. more…

IDC Western European Quarterly Security Appliance Tracker

According to IDC’s Western European Quarterly Security Appliance Tracker, 4Q09 revenues for the Western European security appliance market reached $449.5 million in factory revenue, a 0.1 percent decrease over the same quarter of 2008. Shipments decreased 1.4 percent over last year’s fourth quarter, with 140,401 units shipped. For full 2009, security appliance market revenue totaled $1.61 billion, representing a 3.0 percent decrease over 2008.

“After a challenging start to the year, the Western European security appliance market turned around in 4Q09 to reach the same results as in the final quarter of the previous year,” said Romain Fouchereau, research analyst, IDC. “On the back of those better than expected results in 4Q09, IDC anticipates the security appliance market to fully rebound over the coming quarters.” more…

Arecont Vision AV10005 Series

Arecont Vision today introduces the world’s first H.264 Dual Mode 10MP/1080p camera at the ISC West conference. The Dual Mode camera ought to combine the resolution of a 10 megapixel camera and a Full HD 1080p at 30fps camera into one camera system. The AV10005 Series ought to be available in color, day/night and color auto-iris versions. more…

At the RSA Conference Goldkey Security Corporation announced the launch of Goldkey Secure Storage, a new security technology targeting cloud computing installations. The technology ought to provide enterprise-class encryption for user data stored in the cloud in special secure storage units called ‘Krypto Vaults’. Early evaluators consider the new solution to be more secure and much easier to set up and operate than competing technologies. more…

Cyveillance announced it will offer its Cyveillance IP Block List, which ought to reduce network and user exposure to live threats through real-time data feeds. As online malicious activity continues to grow in volume and complexity, this service ought to allow enterprises to adopt a more proactive, outward-looking security posture. more…

Research and Markets has announced the addition of the Edwards Disaster Recovery Directory 2009/2010 directory to their offering. The 2009/2010 18th edition of the Edwards Disaster Recovery Directory ought to be a comprehensive resource for emergency planning, business continuity, disaster recovery and restoration available. more…

Air Magnet Inc. announced that Air Magnet Enterprise, a premier application for managing and securing corporate WLAN deployments, ought to deliver zero-day protection against the latest Wi-Fi security exploits and vulnerabilities. more…