TechDay New Zealand - Aotearoa's technology news network

IT Spending stories

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Lack of employee skills threatens value of AI investments
Mon, 28th Apr 2025
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New research reveals that 92% of IT leaders warn lack of employee digital readiness risks undermining $644bn Generative AI investments worldwide.
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Datadog to open first Australian data centre by mid-2025
Thu, 3rd Apr 2025
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Datadog plans its first data centre in Australia by mid-2025, responding to local privacy demands and expanding services to over 1,000 clients.
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S&P Global forecasts a 9% rise in IT spending for 2025
Wed, 15th Jan 2025
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S&P Global Ratings predicts a 9% surge in global IT spending by 2025, driven by AI investments in data centres and traditional hardware.
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Vectra AI launches global scholarship for cybersecurity skills
Wed, 15th Jan 2025
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Vectra AI has launched the Vectra AI Scholars Programme to tackle the cybersecurity skills shortage, inviting students globally to innovate using AI against cyber threats.
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Vectra AI's 2025 cybersecurity insights for APJ highlight AI
Wed, 4th Dec 2024
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Vectra AI has revealed its cybersecurity forecasts for 2025, highlighting AI's crucial role amid a projected USD $5.74 trillion global IT spend.
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AI's evolving role in ANZ cybersecurity: 2025 outlook
Wed, 4th Dec 2024
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Vectra AI's 2025 predictions highlight the critical role of AI in cybersecurity for Australia and New Zealand, emphasising the need for measurable outcomes.
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Neat predicts AI & 5G to transform video collaboration by 2025
Tue, 3rd Dec 2024
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Neat forecasts that by 2025, AI and 5G will significantly transform video collaboration, driven by a projected global IT spend of USD $5.74 trillion.
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Generative AI's growing role in ANZ business by 2025
Wed, 27th Nov 2024
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As 2025 nears, generative AI is poised to transform business operations in ANZ, with IT spending projected to hit AUD $147 billion, according to Cloudera.
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UK finance leaders struggle with fragmented spend tools
Fri, 18th Oct 2024
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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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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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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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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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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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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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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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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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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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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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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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Nutanix's report illuminates AI adoption strategies amongst enterprises, highlighting a skills gap in generative AI.