It’s hard to escape the conclusion that the global economy is in for a rough patch, to put it mildly. With record unemployment now and uncertainty about a timeline for the COVID-19 pandemic, companies are looking for ways to pare back spending. For IT leaders, this is an opportunity to rationalize their toolset to make the most of limited budgets, but also to modernize their toolset to meet changing requirements.
The past decade has seen robust growth in IT spending, especially for cybersecurity tools. However, as organizations added to their toolset, they seldom took anything away.
