TechDay New Zealand - Aotearoa's technology news network

IT Spending stories

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UK finance leaders struggle with fragmented spend tools
Last month
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it spending
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expense management
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airwallex
A new report reveals that 95% of UK finance leaders struggle with global spend management due to outdated systems, hindering business growth.
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Australia's IT spending to surge to AUD $147 billion in 2025
Wed, 11th Sep 2024
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network infrastructure
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genai
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ai
Australia’s IT spending is poised to hit AUD $147 billion in 2025, up 8.7% from 2024, with cybersecurity, GenAI, and cloud investments driving the increase.
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Unlocking the ingenuity of the crowd: Winning the war on cybercrime
Sat, 27th Jul 2024
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devops
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digital transformation
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apm
Enterprises are prioritising security over digital transformation as cybercrime's global cost approaches USD $9.5 trillion. Is crowdsourced security the answer?.
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Vultr report reveals AI maturity drives business performance
Tue, 2nd Jul 2024
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digital transformation
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hyperscale
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public cloud
A new report by Vultr reveals 72% of enterprises are advancing in AI adoption, correlating AI maturity with enhanced business performance across sectors.
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AI drives 27% rise in IT spend but firms lack data strategy
Tue, 14th May 2024
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edge computing
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genai
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ai
Couchbase's new survey reveals a 27% rise in IT modernisation spending driven by AI, but 59% of businesses fear their data strategies are inadequate for GenAI demands.
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Talenza unveils Tranzformd & the Transformation Group in Australia
Mon, 1st Apr 2024
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digital transformation
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hcm
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it spending
Talenza inaugurates Tranzformd and the Transformation Group for a new trajectory in Australian enterprise, merging talent, tech and strategy for effective business transformations.
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Why comprehensive observability reduces cloud waste & minimises IT spending
Thu, 28th Mar 2024
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cleantech
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cloud services
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sustainability
Amid complexities in cloud adoption, comprehensive observability emerges as a key tool for businesses to manage cloud waste, optimise costs, and streamline their IT spending.
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Bank of England increases IT spending amid criticism
Wed, 27th Mar 2024
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advanced persistent threat protection
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it spending
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cyber threats
The Bank of England's IT spending has surged by 12% to £98.8m, eliciting criticism amid rising expenses on tech salaries and bonus payouts.
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The benefits and risks of Artificial Intelligence
Mon, 11th Mar 2024
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data analytics
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genai
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data privacy
AI is a powerful business tool, yet it carries potential risks. According to Immuta's 2024 Data Security Report, robust data governance is crucial to maintain security.
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Inadequate digital adoption costs firms over $1m per week
Thu, 8th Feb 2024
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digital transformation
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it spending
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digitalisation
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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storage
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genai
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llms
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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devops
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apm
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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datacentre infrastructure
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hyperscale
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dei
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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cx
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martech
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hcm
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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cybersecurity
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software development
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cloud services
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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software development
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it spending
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investment
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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ai agents
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productivity
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it spending
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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public cloud
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cloud services
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it spending
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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it spending
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data governance
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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it spending
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economic forecast
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.