IT Spending stories
Inadequate digital adoption costs firms over $1m per week
Lack of digital adoption costs enterprises over $1.14m weekly, despite IT spend set to hit $5 trillion in 2024, finds WalkMe's annual report.
The future of data storage in the AI era
2024 to usher in transformative data storage advancements pivotal for AI, with hard drive technology leaps delivering greater capacity and sustainability, fuelling a greener digital future.
Report reveals enterprise AI insights & adoption strategies
Nutanix's report illuminates AI adoption strategies amongst enterprises, highlighting a skills gap in generative AI.
Four tips to optimise your data centre
From the finance department to human resources, optimised workflows are the number one way to stand out to their customers and meet business goals.
NTT report: Hybrid working boosts bottom line for Aussie, Kiwi businesses
NTT Ltd's 2023 Global Employee Experience Trends Report shows 84% of ANZ businesses say hybrid working has boosted their bottom line.
IT spending in Aus driven by cybersecurity and cloud
IT spending in Australia is projected to exceed AU$133 billion in 2024, an increase of 7.8% from 2023, according to the latest forecast by Gartner.
ANZ contributing to $300 billion black hole in unused cloud
Australian and New Zealand companies are contributing to a US$320 billion cloud black hole as they struggle to activate investment commitments.
Just 6% of Australian tech budgets spent on innovation
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
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
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
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
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
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
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
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
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
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
Dell APEX expands global reach, introduces new capabilities and delivers enhancements to support demanding workloads.
Global IT spending in 2023 continues to trend downward
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
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
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
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
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
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.