In an increasingly competitive application economy, Indian organizations are under pressure to deliver frictionless, positive customer experience, to achieve business growth. Organizations are adopting new approach to security, as it continues to play a catalytic role.
The study, sponsored by CA Technologies (NASDAQ: CA) titled “8 Steps to Modernize Security for the Application Economy,” reveals how mobility, APIs and an eye towards growing the business have brought a balanced view of control and enablement to security, leading to an increase in security investment by Indian organizations.
Commenting on the study findings, Sunil Manglore, Managing Director, CA Technologies India said, “Today, security is not about protection alone. Increasing access to web, mobile apps, smart devices and the cloud has created the new ‘open’ enterprise. APIs (application programming interfaces) form the foundation of this new open enterprise, allowing enterprises to reuse their existing information assets across organizational boundaries, thereby creating the security challenge of balancing business enablement with business protection. Businesses are considering to increase investment in security solutions for better productivity and business flexibility.”
Key findings from the study show:
- The impact of mobility – 53 percent of the respondents believe that mobile apps and devices have a big or significant impact in security practices and policies of employees or customers. As BYOD makes major inroads into the Indian corporate landscape, securing the enterprise is on top of the list.
- Security in the business – 60 percent of Indian organizations surveyed believe that security is entirely or mostly about control (protecting data or apps), but the remaining 40 percent of respondents think security is mostly or entirely about business enablement or a balance enablement and control.
- Security as top business priority – Increase in data breaches is a key concern amongst Indian enterprises and 54 percent of Indian organizations stated that protection against data breaches is one of the top security priorities. Thirty-five percent of respondents place improving the mobile customer experience as a top security priority.
- Increase in Security Investment – Organizations are realizing that they need to increase investment in security, due to the enablement it offers. Currently IT spending devoted to security in Indian organizations is 20 percent which is estimated to go up to 28 percent in the next three years.
- Increase in productivity – 93 percent of Indian organizations stated they have seen or expect to see an increase in user productivity and more business flexibility from improved security in their organization.
Survey Methodology
650 senior IT and business leaders from financial services, healthcare, manufacturing, retail telecommunications and media / entertainment in six markets in Asia Pacific and Japan, namely Australia, China, India, Japan, Korea and Singapore, participated in the CA Technologies-sponsored study conducted by Vanson Bourne. For a global view of this data, download the whitepaper here.
About CA Technologies
CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com.
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