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IT Budget Stories - Page 8

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Growing AI spend challenges firms as ROI confidence lags
Artificial Intelligence

Growing AI spend challenges firms as ROI confidence lags

CloudZero reveals AI spending in software firms is rising sharply, with budgets set to increase 36% in 2025 amid challenges in evaluating ROI and hiring talent.

By Shannon Williams • 3 min read • Fri, 23rd May 2025
Lack of employee skills threatens value of AI investments
EduTech

Lack of employee skills threatens value of AI investments

New research reveals that 92% of IT leaders warn lack of employee digital readiness risks undermining $644bn Generative AI investments worldwide.

By Catherine Knowles • 3 min read • Mon, 28th Apr 2025
Datadog to open first Australian data centre by mid-2025
Software-as-a-Service

Datadog to open first Australian data centre by mid-2025

Datadog plans its first data centre in Australia by mid-2025, responding to local privacy demands and expanding services to over 1,000 clients.

By Melania Watson • 3 min read • Thu, 3rd Apr 2025
ANZ cloud users pay highest fees as sustainability outranks cost
Storage

ANZ cloud users pay highest fees as sustainability outranks cost

Two-thirds of ANZ firms overspent on cloud storage in 2024 as sustainability gains priority, despite rising fees frustrating IT leaders and causing delays.

By Sean Mitchell • 4 min read • Wed, 12th Mar 2025
Cloud storage fees hit nearly half of bills, survey reveals
Storage

Cloud storage fees hit nearly half of bills, survey reveals

A survey reveals organisations spend 49% of cloud storage bills on fees like data access, hindering business and causing budget overruns in 2024.

By Sean Mitchell • 5 min read • Mon, 24th Feb 2025
Enterprises urged to enhance investment in responsible AI
Generative AI

Enterprises urged to enhance investment in responsible AI

A new report reveals that while 87% of executives acknowledge the need for responsible AI, 85% admit they lack proper preparation to implement it.

By Sean Mitchell • 3 min read • Thu, 13th Feb 2025
Cutting through complexity: How a unified approach can help safeguard IT systems
Digital Transformation

Cutting through complexity: How a unified approach can help safeguard IT systems

Australian organisations are grappling with complexity in cyber security, as 70% feel AI is outpacing their defenses amid rising AI-generated threats.

By Chase Doelling • 4 min read • Tue, 11th Feb 2025
Tech firms lag in CSRD audit readiness, says Semarchy survey
Partner Programmes

Tech firms lag in CSRD audit readiness, says Semarchy survey

A Semarchy study reveals only 16% of tech and professional services firms are audit-ready for the Corporate Sustainability Reporting Directive, raising data concerns.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025
S&P Global forecasts a 9% rise in IT spending for 2025
Semiconductors

S&P Global forecasts a 9% rise in IT spending for 2025

S&P Global Ratings predicts a 9% surge in global IT spending by 2025, driven by AI investments in data centres and traditional hardware.

By Shannon Williams • 3 min read • Wed, 15th Jan 2025
Vectra AI launches global scholarship for cybersecurity skills
Advanced Persistent Threat Protection

Vectra AI launches global scholarship for cybersecurity skills

Vectra AI has launched the Vectra AI Scholars Programme to tackle the cybersecurity skills shortage, inviting students globally to innovate using AI against cyber threats.

By Melania Watson • 3 min read • Wed, 15th Jan 2025
Public sector IT faces budgetary hurdles, says survey
SolarWinds

Public sector IT faces budgetary hurdles, says survey

A recent SolarWinds survey reveals that only 18% of public sector IT professionals believe their budgets meet their needs, intensifying financial strains globally.

By Kaleah Salmon • 2 min read • Mon, 9th Dec 2024
Vectra AI's 2025 cybersecurity insights for APJ highlight AI
Advanced Persistent Threat Protection

Vectra AI's 2025 cybersecurity insights for APJ highlight AI

Vectra AI has revealed its cybersecurity forecasts for 2025, highlighting AI's crucial role amid a projected USD $5.74 trillion global IT spend.

By Sean Mitchell • 3 min read • Wed, 4th Dec 2024
AI's evolving role in ANZ cybersecurity: 2025 outlook
Phishing

AI's evolving role in ANZ cybersecurity: 2025 outlook

Vectra AI's 2025 predictions highlight the critical role of AI in cybersecurity for Australia and New Zealand, emphasising the need for measurable outcomes.

By Sean Mitchell • 3 min read • Wed, 4th Dec 2024
Neat predicts AI & 5G to transform video collaboration by 2025
Unified Communications

Neat predicts AI & 5G to transform video collaboration by 2025

Neat forecasts that by 2025, AI and 5G will significantly transform video collaboration, driven by a projected global IT spend of USD $5.74 trillion.

By Melania Watson • 3 min read • Tue, 3rd Dec 2024
Generative AI's growing role in ANZ business by 2025
Hybrid Cloud

Generative AI's growing role in ANZ business by 2025

As 2025 nears, generative AI is poised to transform business operations in ANZ, with IT spending projected to hit AUD $147 billion, according to Cloudera.

By Melania Watson • 3 min read • Wed, 27th Nov 2024

Stories from Other Regions

IT Budget stories

Ransomware hits Australian firms hard: 64% halt operations
Data Protection

Ransomware hits Australian firms hard: 64% halt operations

A recent study reveals that 64% of Australian businesses hit by ransomware attacks had to suspend operations, highlighting severe vulnerabilities in the sector.

By Melania Watson • 3 min read • Wed, 29th Jan 2025
Australian firms lagging in AI readiness, says Cisco report
Data Analytics

Australian firms lagging in AI readiness, says Cisco report

A report from Cisco reveals that only 4% of Australian businesses are fully prepared to harness AI, highlighting urgent challenges in readiness.

By Shannon Williams • 3 min read • Thu, 14th Nov 2024