TechDay New Zealand - Aotearoa's technology news network

IT budget stories

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OSG extends Rimini Street deal to 2029 to cut IT costs by 8%
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OSG extends its deal with Rimini Street to 2029, cutting IT costs by 8% to boost factory automation and productivity initiatives.
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Growing AI spend challenges firms as ROI confidence lags
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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.
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Cisco reveals just 19% of NZ firms ready for AI uptake
Tue, 8th Apr 2025
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A new report by Cisco reveals that just 19% of New Zealand organisations are fully prepared for AI technology, despite a surge in investment and urgency.
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Enterprises urged to enhance investment in responsible AI
Thu, 13th Feb 2025
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data privacy
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A new report reveals that while 87% of executives acknowledge the need for responsible AI, 85% admit they lack proper preparation to implement it.
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Cutting through complexity: How a unified approach can help safeguard IT systems
Tue, 11th Feb 2025
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digital transformation
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cloud security
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Australian organisations are grappling with complexity in cyber security, as 70% feel AI is outpacing their defenses amid rising AI-generated threats.
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Tech firms lag in CSRD audit readiness, says Semarchy survey
Thu, 6th Feb 2025
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partner programmes
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A Semarchy study reveals only 16% of tech and professional services firms are audit-ready for the Corporate Sustainability Reporting Directive, raising data concerns.
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Ransomware hits Australian firms hard: 64% halt operations
Wed, 29th Jan 2025
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data protection
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ransomware
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phishing
A recent study reveals that 64% of Australian businesses hit by ransomware attacks had to suspend operations, highlighting severe vulnerabilities in the sector.
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Public sector IT faces budgetary hurdles, says survey
Mon, 9th Dec 2024
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it professionals
A recent SolarWinds survey reveals that only 18% of public sector IT professionals believe their budgets meet their needs, intensifying financial strains globally.
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Australian firms lagging in AI readiness, says Cisco report
Thu, 14th Nov 2024
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data analytics
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A report from Cisco reveals that only 4% of Australian businesses are fully prepared to harness AI, highlighting urgent challenges in readiness.
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Two different ways that data is driving the cloud FinOps conversation
Mon, 11th Nov 2024
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storage
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private cloud
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hybrid cloud
Most organisations are onboard with the need to rightsize their cloud spend, but how can that be optimally achieved?.
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NIS2 compliance puts financial strain on EMEA firms
Thu, 31st Oct 2024
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digital transformation
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risk & compliance
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cybersecurity
New NIS2 directives are imposing hefty financial strains on EMEA firms, with 95% reallocating budgets to tackle compliance costs.
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Growth tops New Zealand firms' priorities, says cloud report
Mon, 7th Oct 2024
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private cloud
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Datacom's latest Annual Cloud Report shows New Zealand businesses prioritising growth, with over 40% planning to boost cloud computing budgets this year.
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Report highlights need for robust digital core in AI era
Thu, 18th Jul 2024
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risk & compliance
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A new Accenture report has underscored the critical necessity for firms to establish a strong digital core to leverage technologies like generative AI.
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Cloudflare report: EU firms unprepared for rising cyber threats
Wed, 19th Jun 2024
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ransomware
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phishing
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email security
Cloudflare's latest report warns that EU firms are dangerously unprepared for increasing cyber threats; only 29% feel equipped to defend against attacks.
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Generative AI driving surge in business AI adoption, study finds
Tue, 11th Jun 2024
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data analytics
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genai
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Pegasystems reveals new research showing creative generative AI is driving the adoption of analytical AI decisioning tools among global enterprises.
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Organisations prioritise SaaS security, increase budgets amid cuts
Fri, 7th Jun 2024
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cloud security
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cybersecurity
In 2025, 70% of organisations prioritise SaaS security, forming dedicated teams despite economic pressures, reveals CSA and Adaptive Shield survey.
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UK firms focus on cuts (including IT) amid rising financial pressures
Wed, 15th May 2024
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digital transformation
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cybersecurity
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cloud services
New research from Daisy Corporate Services shows two-thirds of UK businesses prioritising cost reduction, with nearly half citing rising costs as their primary concern.
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Boardroom leaders slash tech budgets in tough economy
Wed, 15th May 2024
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digital transformation
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it budget
In response to economic upheavals, 50% of boardroom leaders, particularly in the US and UK, have shrunk tech budgets over the past year.
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Parliament's 'pitiful' GBP £6.5m IT budget increase alarms cyber chiefs
Tue, 2nd Apr 2024
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advanced persistent threat protection
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parliament
Amidst growing cyber threats, Parliament's meagre GBP £6.5 million increase in IT budget, now totalling GBP £67.7 million, prompts national security worries among cybersecurity chiefs.
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Extend launches 'team budgets' to boost autonomy & secure expenses
Mon, 1st Apr 2024
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autonomy
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it budget
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spending
Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.