Oracle? A strategic priority for CIOs? Nope, says Goldman Sachs | 7/11/2018 | Staff
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Oracle is among the legacy tech losers in a Goldman Sachs spending report that quizzed chief information officers on the procurement areas they consider to be top priorities over the next six months.

The research arm of the bank's half-yearly IT Spending Survey, looked at the top 10 things that CIOs said they were intending to spend on. Little had changed since the end of 2017, with SaaS apps, BI/analytics and public cloud coming in below the top dog, security, as reported by The Street.

Cent - Plan - Company - Cash - Security

Some 10.4 per cent of those surveyed plan to splash more of their company's cash on security, up from 10.1 per cent in the prior research note in December, which is hardly surprising following a smorgasbord of well-publicised breaches.

Endpoint, analytics and identity management remained top of the pack for specific security products. Just 9 per cent said they'd spend less on security appliances, potentially denting the wallets of companies including Checkpoint, McAfee and Symantec.

Cent - CIOs - Software-as-a-service

Almost 8 per cent of CIOs said they'll spend more on software-as-a-service.

In terms of the public cloud, AWS, Microsoft and Google were the three big winners but that will be of no shock to anyone as combined, the triumvirate already hold the lion's share of market sales.

Cloud - Opportunity - Numbers - Companies - Realities

"While we remain bullish on the overall public cloud opportunity, we see an increasing numbers of companies confronting the realities and challenges of migrating workloads and...
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