IT Spending stories - Page 2
Just 6% of Australian tech budgets spent on innovation
Fri, 1st Sep 2023
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ai agents
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productivity
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it spending
Just six per cent of new funding to be spent on innovation, hindering Australia's ability to make productivity gains.
Public cloud services revenues surpass $500 billion in 2022
Fri, 7th Jul 2023
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public cloud
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cloud services
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it spending
Most organisations rank their public cloud provider as their most strategic technology partner, with general agreement among IT leaders and business leaders.
Enterprise leaders encouraged to take 'immediate action' of SaaS portfolios
Fri, 23rd Jun 2023
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saas
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it spending
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data governance
Productiv has unveiled its 2023 State of SaaS Series which indicates enterprise leaders need to take immediate action to rationalise their SaaS portfolios.
Worldwide IoT spending to surpass $1 trillion in 2026 - IDC
Wed, 21st Jun 2023
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iot
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it spending
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economic forecast
Investments in the IoT ecosystem are expected to surpass $1 trillion in 2026 with a CAGR of 10.4% over the 2023-2027 forecast period, the analysts find.
Software spend set to grow 13.5% in 2023 - Gartner report
Wed, 21st Jun 2023
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software
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it spending
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investment
Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.
More action needed to plug critical gaps in cybersecurity
Tue, 13th Jun 2023
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power / energy
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cybersecurity
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it spending
Energy industry boosts cyber security spending as concerns over vulnerabilities to cyber threats rise, according to DNV research.
Internet of Things software market evolving – report
Fri, 9th Jun 2023
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iot
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industrial iot
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ai models
IoT enterprise spending reached $201 billion in 2022, lower than predicted, but AI is expected to play a bigger role, says IoT Analytics.
APAC tech spend remains robust despite fragile economy
Wed, 7th Jun 2023
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cloud services
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it spending
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digital technology
In spite of challenges including fragile post-pandemic supply chains, Asia Pacific tech spend will continue to grow by 6.8% to 7.3% per year from 2024 to 2027.
Governments increase digital investments in response to global turmoil
Thu, 25th May 2023
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government
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it spending
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analyst report
Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.
Increased visibility elevates data-driven decision making
Wed, 24th May 2023
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dei
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risk & compliance
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management
Procurement leaders are now beginning to understand the value and importance of data for strategic decision-making.
Dell APEX data storage and private cloud services expand availability
Wed, 17th May 2023
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dr
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private cloud
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network infrastructure
Dell APEX expands global reach, introduces new capabilities and delivers enhancements to support demanding workloads.
Global IT spending in 2023 continues to trend downward
Thu, 6th Apr 2023
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it spending
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investment
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analyst report
IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.
2023 is the time for more tech innovation, not less
Fri, 24th Feb 2023
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supply chain & logistics
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ai
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cleantech
Tech firms face challenges in 2023 due to the economic downturn and uncertainty. Innovation is key to surviving the recession.
Enterprise in APAC to increase IT security budgets
Thu, 9th Feb 2023
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cybersecurity
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it spending
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kaspersky
The increased complexity of IT infrastructure is a main factor driving cyber security spending for companies of all sizes.
Global IoT market size set to grow 19% in 2023 – report
Thu, 9th Feb 2023
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iot
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industrial iot
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it spending
The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.
Australian software spending set to increase in 2023
Fri, 27th Jan 2023
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cloud services
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b2b
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it spending
Economic instability and a global pandemic have seen many businesses rapidly digitising and investing in various tech solutions.
Projected 2.4% increase in Global IT spending in 2023
Thu, 19th Jan 2023
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it spending
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financial results
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economic forecast
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.
Projected 5.8% increase to Australia IT spending in 2023
Thu, 19th Jan 2023
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it spending
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financial results
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economic forecast
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in Australia will grow 5.8% in 2023.
Projected 5.5% increase to New Zealand IT spending in 2023
Thu, 19th Jan 2023
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it spending
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financial results
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economic forecast
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in New Zealand will grow 5.5% in 2023.
Govt IT spending to hit $588.9 billion in 2023, up 6.8%
Thu, 29th Dec 2022
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government
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it spending
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research
Government IT spending to reach $588.9bn in 2023, with increased investment in digital services and improving citizen experience, says Gartner.