Cybersecurity experts are in high demand, but salaries have plateaued

Although demand for skilled cybersecurity professionals continues to rise across the globe, salaries across the industry have plateaued. This is according to a new report from recruitment firm Harvey Nash, based on a poll of roughly 6,000 technologists, which states that that two-thirds (67 percent) of cybersecurity professionals didn’t get a pay rise this year, unlike other tech roles. Ethical …

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High performance computing emerges as ‘new battleground’ for IT vendors

New artificial intelligence-powered applications and the mountains of data generated by IoT sensors are set to drive demand for high performance computing (HPC) solutions, a new report from GlobalData claims. The data and analytics company says the market for HPC solutions and AI servers will become “increasingly vibrant and competitive” over the next five years. Even despite disruption caused by …

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Global venture funding hit a new record high in Q1 2021

A full year of the Covid-19 pandemic has resulted in tectonic movements in the business world, with tech companies in particular recording extreme growth. According to a new report from Crunchbase, there are now a greater number of unicorns (companies valued at $1bn or higher) than ever before. The report states that global venture investments hit $125 billion in the …

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Security threat to critical infrastructure reaches record high

Industrial organizations are speeding up their digital transformation efforts in order to better navigate the Covid-19 pandemic, but have attracted the attention of cybercriminals in the process. A new report from Nozomi Networks Labs found that 2020 was a record-breaking year in terms of the weaponization of the supply chain, as well as the number, sophistication and destructive force of …

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Cloud spending hits new high in pandemic working world

Spending on cloud infrastructure grew hugely in the last quarter of 2020 as businesses around the world continued to invest in new remote working services. The latest figures from analyst firm Canalys saw a 32 percent year-on-year increase in cloud infrastructure spending in Q4 2020 as investment reached $39.9bn – what it called the “largest quarterly expansion in dollar terms” …

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