CodeSecure and FOSSA announced a strategic partnership and native product integration that enables organizations to eliminate security blindspots associated with both third party and open source code.
Organizations are focusing investments on security and analytics, while actively researching emerging technologies such as machine learning and artificial intelligence, according to the 2018 CIO Tech Poll: Tech Priorities survey.
After five years of increases, tech budgets remain constant. The data shows that a greater percentage of tech leaders expect their IT budgets to remain the same; however, enterprise organizations still expect strong tech budget growth. Overall, 50% of tech leaders anticipate budget increases in 2018 – which increases to 57% for enterprises (1,000+ employees).
The survey shows the greatest increase in budget allocation towards predictive analytics (47%), business continuity/disaster recovery (47%), public cloud (46%) and hybrid cloud (45%).
Applications that will see an increase in investment include business intelligence and analytics, mobile enterprise apps, and projects to secure enterprise information assets.
The focus on security continues – when asked which technology project is the single most important project that their IT department is working on currently, the majority of IT leaders surveyed said business continuity/disaster recovery.
“IT departments continue to make strides towards a more digital and secure organization,” said Adam Dennison, SVP/GM, IDG Events, and Publisher, CIO. “This year’s Tech Poll results confirm that emerging technology projects and applications remain top of mind for tech leaders, and that these capabilities are essential for organizations to remain competitive in this time of digital transformation.”
Emerging technologies continue to play a role in developing a digital business. The top technologies that are being actively researched by CIOs align with this mentality, which include machine learning (44%), artificial intelligence (AI) (44%) and Internet of Things (IoT) (37%). All of which are also being piloted at various organizations – IoT (15%), AI (14%) and machine learning (11%).
Additionally, IoT and machine learning fall on the top five list of technologies that are expected to have a great impact on organizations over the next three to five years. Organizations are not just considering new technologies, they are open to new vendors. Tech leaders report that 15% of tech spending will be spent on new tech companies this year.
Industry News
Bauplan, a Python-first serverless data platform that transforms complex infrastructure processes into a few lines of code over data lakes, announced its launch with $7.5 million in seed funding.
Perforce Software announced the launch of the Kafka Service Bundle, a new offering that provides enterprises with managed open source Apache Kafka at a fraction of the cost of traditional managed providers.
LambdaTest announced the launch of the HyperExecute MCP Server, an enhancement to its AI-native test orchestration platform, HyperExecute.
Cloudflare announced Workers VPC and Workers VPC Private Link, new solutions that enable developers to build secure, global cross-cloud applications on Cloudflare Workers.
Nutrient announced a significant expansion of its cloud-based services, as well as a series of updates to its SDK products, aimed at enhancing the developer experience by allowing developers to build, scale, and innovate with less friction.
Check Point® Software Technologies Ltd.(link is external) announced that its Infinity Platform has been named the top-ranked AI-powered cyber security platform in the 2025 Miercom Assessment.
Orca Security announced the Orca Bitbucket App, a cloud-native seamless integration for scanning Bitbucket Repositories.
The Live API for Gemini models is now in Preview, enabling developers to start building and testing more robust, scalable applications with significantly higher rate limits.
Backslash Security(link is external) announced significant adoption of the Backslash App Graph, the industry’s first dynamic digital twin for application code.
SmartBear launched API Hub for Test, a new capability within the company’s API Hub, powered by Swagger.
Akamai Technologies introduced App & API Protector Hybrid.
Veracode has been granted a United States patent for its generative artificial intelligence security tool, Veracode Fix.
Zesty announced that its automated Kubernetes optimization platform, Kompass, now includes full pod scaling capabilities, with the addition of Vertical Pod Autoscaler (VPA) alongside the existing Horizontal Pod Autoscaler (HPA).
Check Point® Software Technologies Ltd.(link is external) has emerged as a leading player in Attack Surface Management (ASM) with its acquisition of Cyberint, as highlighted in the recent GigaOm Radar report.