TechDay New Zealand - Aotearoa's technology news network

IT Spending stories

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Inadequate digital adoption costs firms over $1m per week
Last month
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digital transformation
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digitalisation
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it spending
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.
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The future of data storage in the AI era
Tue, 9th Jan 2024
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ml
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storage
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ai
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.
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Report reveals enterprise AI insights & adoption strategies
Thu, 16th Nov 2023
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dr
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cloud services
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devops
Nutanix's report illuminates AI adoption strategies amongst enterprises, highlighting a skills gap in generative AI.
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Four tips to optimise your data centre
Thu, 9th Nov 2023
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data centre maintenance / management
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colocation
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breach prevention
From the finance department to human resources, optimised workflows are the number one way to stand out to their customers and meet business goals.
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NTT report: Hybrid working boosts bottom line for Aussie, Kiwi businesses
Tue, 24th Oct 2023
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wfh
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mobility
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cx
NTT Ltd's 2023 Global Employee Experience Trends Report shows 84% of ANZ businesses say hybrid working has boosted their bottom line.
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IT spending in Aus driven by cybersecurity and cloud
Wed, 13th Sep 2023
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cloud services
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cybersecurity
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gartner
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.
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ANZ contributing to $300 billion black hole in unused cloud
Mon, 11th Sep 2023
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it spending
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investment
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infosys
Australian and New Zealand companies are contributing to a US$320 billion cloud black hole as they struggle to activate investment commitments.
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Just 6% of Australian tech budgets spent on innovation
Fri, 1st Sep 2023
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productivity
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it spending
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cios
Just six per cent of new funding to be spent on innovation, hindering Australia's ability to make productivity gains.
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Public cloud services revenues surpass $500 billion in 2022
Fri, 7th Jul 2023
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cloud services
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public cloud
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cios
Most organisations rank their public cloud provider as their most strategic technology partner, with general agreement among IT leaders and business leaders.
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Enterprise leaders encouraged to take 'immediate action' of SaaS portfolios
Fri, 23rd Jun 2023
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saas
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cios
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it spending
Productiv has unveiled its 2023 State of SaaS Series which indicates enterprise leaders need to take immediate action to rationalise their SaaS portfolios.
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Worldwide IoT spending to surpass $1 trillion in 2026 - IDC
Wed, 21st Jun 2023
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iot
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retail
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it spending
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.
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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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gartner
Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.
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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.
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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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it spending
IoT enterprise spending reached $201 billion in 2022, lower than predicted, but AI is expected to play a bigger role, says IoT Analytics.
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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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forrester research
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.
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Governments increase digital investments in response to global turmoil
Thu, 25th May 2023
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gartner
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government
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it spending
Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.
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Increased visibility elevates data-driven decision making
Wed, 24th May 2023
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management
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procurement
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it spending
Procurement leaders are now beginning to understand the value and importance of data for strategic decision-making.
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Dell APEX data storage and private cloud services expand availability
Wed, 17th May 2023
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network infrastructure
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private cloud
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it spending
Dell APEX expands global reach, introduces new capabilities and delivers enhancements to support demanding workloads.
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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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idc
IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.
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2023 is the time for more tech innovation, not less
Fri, 24th Feb 2023
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sustainable it
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ai
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supply chain & logistics
Tech firms face challenges in 2023 due to the economic downturn and uncertainty. Innovation is key to surviving the recession.
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Enterprise in APAC to increase IT security budgets
Thu, 9th Feb 2023
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it infrastructure
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cybersecurity
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it spending
The increased complexity of IT infrastructure is a main factor driving cyber security spending for companies of all sizes.
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Global IoT market size set to grow 19% in 2023 – report
Thu, 9th Feb 2023
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iot
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it spending
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inflation
The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.
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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.
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Projected 2.4% increase in Global IT spending in 2023
Thu, 19th Jan 2023
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gartner
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it spending
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cios
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.