TechDay New Zealand - Aotearoa's technology news network

IT budget stories

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Majority of IT decision-makers to boost cybersecurity budgets in 2024
Last week
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email security
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cloud security
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cybersecurity
Infosecurity Europe reports a significant rise in cybersecurity budgets for 2024, with 69% of UK IT leaders expecting an increase, predominantly in cloud security and incident response.
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China's top firms to increase AI spending, predicts IDC
Fri, 29th Dec 2023
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it budget
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Top 2000 Chinese firms to devote over 50% of core IT budget to AI by 2027, potentially sparking a double-digit innovation hike, reveals International Data Corporation.
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Australia tops global IT investment for hybrid work
Thu, 17th Aug 2023
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wfh
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it budget
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it departments
Improvements needed in device management, says SOTI report, despite Australia leading in IT investment for hybrid work.
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Weak demand and changing IT budgets causes drop in PC shipments
Tue, 11th Jul 2023
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apple
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technology gifts
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it budget
Global PC shipments continue to decline, falling 13.4% in 2Q23, marking the sixth consecutive quarter of contraction, according to IDC.
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Akamai invests heavily in cloud computing following new research
Wed, 12th Apr 2023
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cloud services
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partner programmes
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it budget
Akamai survey reveals varying levels of investment in cloud computing among businesses in Asia-Pacific, but overall acknowledgement of its importance.
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Threats surge as cybersecurity budgets are slashed
Thu, 6th Apr 2023
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advanced persistent threat protection
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cybersecurity
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cios
In the face of economic turmoil, businesses are confronting the dual challenge of declining or stagnating cybersecurity budgets and escalating threats.
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Delinea - 80% of US companies have had to use cyber insurance
Fri, 25th Nov 2022
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ransomware
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pam
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breach prevention
Delinea says this should come as a warning to APAC organisations, who should examine the U.S. experience to avoid similar issues.
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How threat intelligence platforms can extend detection and response
Tue, 19th Jul 2022
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advanced persistent threat protection
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cybersecurity
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cyber threats
Cybersecurity spend rises; XDR and integral threat intel platforms top priorities for enhanced defences.
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Avoid the sugar high: Making the most of the government's SMB digital sweetener
Wed, 8th Jun 2022
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paas
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converged infrastructure
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iaas
Australian SMBs urged to make strategic, long-term investments in digital technology, rather than rushing into short-term budget measures.
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$20m boost for digital technologies announced
Mon, 16th May 2022
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saas
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ict
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it budget
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
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Logistics leaders expect outsourcing budgets to increase
Fri, 31st Dec 2021
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outsourcing
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inventory management systems
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gartner
Two-thirds of logistics leaders increased their outsourcing budget this year, with 74% expecting further increases in the next two years, according to Gartner.
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IT budgets set to boom over next 12 months - research
Wed, 3rd Nov 2021
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it budget
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it spending
IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.
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85% of Australian tech leaders say digital transformation demand outstrips IT budget growth
Tue, 19th Oct 2021
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app development
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apm
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low-code
Australian IT teams are losing control of digital infrastructure as non-IT business units take the lead in developing most of the applications that they use.
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Webinar: Recession-proofing 101: How to take control of your IT strategy
Thu, 3rd Jun 2021
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webinar
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it budget
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budgeting
Businesseses needed to think on their feet if they were to survive. For many, it meant cutting costs any way they could.
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Cybersecurity budgets still not keeping up with threats — report
Wed, 31st Mar 2021
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firewall
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network management
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network security
Cybersecurity budgets stagnant as cyber-attacks rise, new research says. Executives underestimate risk, hindered by skill shortages.
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The top 10 trends shaping budgeting, planning and forecasting in 2021
Fri, 5th Mar 2021
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big data
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bi
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data analytics
The core processes of budgeting, planning, and forecasting have come under pressure due to remote working, prompting a need for new approaches.
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It decision makers look to increase budget, cloud migration top priority
Wed, 27th Jan 2021
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it budget
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it departments
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retail
Increased budgets and cloud migration are top priorities for UK IT decision makers in 2021, says Next Pathway research.
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Gartner: ANZ organisations increased investment in digital innovation during COVID-19
Mon, 2nd Nov 2020
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gartner
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cios
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it budget
Over half of Australian and New Zealand CIOs have seen increased funding for digital innovation as a result of the COVID-19 pandemic.
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US-China trade war a ‘double-edged sword’ for ICT spending
Tue, 5th Feb 2019
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cloud services
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digital transformation
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it infrastructure
The trade war, among other factors, is set to negatively impact global ICT spending but the market will still experience positive growth.
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IT security teams suffering an 'image problem'
Mon, 4th Feb 2019
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cybersecurity
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it budget
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thycotic
Security professionals feel like they are perceived as ‘policemen’, and 13% say they experience negativity from colleagues all the time.
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Gartner CIO survey: enterprises are entering third IT era
Fri, 19th Oct 2018
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ai
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cybersecurity
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it budget
The role of the CIO will remain crucial in the era of digital business, according to Gartner's annual survey of CIOs.
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IT struggling with increased roles and limited budgets
Tue, 9th Oct 2018
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it budget
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it departments
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insights
With digital transformation rife, IT departments around the globe are being forced to do more with the same resources.
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ESET survey: Lack of funding a major problem for Japan SMBs
Mon, 13th Nov 2017
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malware
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cybersecurity
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smb
Small and medium-sized businesses (SMBs) in Japan are struggling to enhance their cybersecurity due to the high costs involved, according to a survey by ESET.
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IT spending by AU educational institutions to exceed US$1.6b
Wed, 19th Jul 2017
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iot
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it budget
​Educational institutions in Australia are loosening the purse strings in a move the IDC says is in response to ‘dramatic changes' in student demands.