IT Budget stories
A new IDC survey found that 75% of surveyed CIOs in ANZ faced the economic downturn without cutting IT budget or staff, but still implemented cost savings.
New solutions and services unveiled that help organisations shift IT spending from operations to innovation, says HP.
US$37.5 billion in IT contracts set to expire, offering vast opportunities, particularly in financial and energy sectors, says Ovum.
Industry analyst Ovum has said that CIO confidence in their ability to predict IT spending has been shattered.
In the face of a global financial crisis, firms find inventive means to cut costs, emphasizing value over expenditure.
Tech sector poised for strong rebound in 2010, with global IT spending set to rise 8.1% to over $1.6 trillion, says Forrester Research.
Despite a dismal year for IT spending with a 5.2% global decline, Gartner predicts a rebound in 2010 with a 3.3% increase, reaching USD $3.3 trillion.
Despite vast investments, many companies poorly track IT assets, risking inaccurate budgets. SAM offers better control, security, and cost savings.
