Security Software: Spending Continues on Protecting Your Stuff

While IT budgets are being squeezed, spending on security software and hardware remains strong, Pacific Crest’s Rob Owens asserted in a research note today. He notes that “the vast majority” of companies in the sector met or beat Q1 expectations. And he says checks on the quarter to date finds “continued demand for security solutions,” though he warns of some “air pockets,” in particular for the small-and medium-sized business segment and in the U.S. government sector.

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