When it comes to tech spending in 2023, there's one top priority

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Companies are putting security at the front and center of their spending priorities over the next 12 months, according to Red Hat's 2023 Global Tech Outlook report, with cybersecurity now taking precedence over innovation.

Red Hat surveyed 1,703 IT leaders to in an effort to discover where organizations are on their digital transformation journeys, funding priorities and the challenges faced.

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Additionally, more organizations are prioritizing cybersecurity as part of their digital transformation efforts, Red Hat found: 20% of IT leaders said security took precedence, compared to 19% who said innovation. In 2021, 24% of IT leaders said innovation was the focus of their digital transformation initiatives, while just 17% cited IT security. 

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