IT Budget Stories - Page 11

Asian Stories

IT Budget stories

China's top firms to increase AI spending, predicts IDC

Top 2000 Chinese firms to devote over 50% of core IT budget to AI by 2027, potentially sparking a double-digit innovation hike, reveals International Data Corporation.

By Catherine Knowles • 2 min read • Fri, 29th Dec 2023

Global Stories

IT Budget stories

Data Analytics

The benefits and risks of Artificial Intelligence

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.

By Anthony Farr • 4 min read • Mon, 11th Mar 2024

Digital Transformation

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.

By Catherine Knowles • 3 min read • Thu, 8th Feb 2024

Storage

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.

By Seagate • 3 min read • Tue, 9th Jan 2024

Disaster Recovery

Report reveals enterprise AI insights & adoption strategies

Nutanix's report illuminates AI adoption strategies amongst enterprises, highlighting a skills gap in generative AI.

By Shannon Williams • 3 min read • Thu, 16th Nov 2023

DataCentre infrastructure

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.

By Vladimir Yordanov • 6 min read • Thu, 9th Nov 2023

Customer Experience

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.

By Kaleah Salmon • 3 min read • Tue, 24th Oct 2023

Software Development

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.

By Shannon Williams • 4 min read • Mon, 11th Sep 2023

Hybrid & Remote Work

Australia tops global IT investment for hybrid work

Improvements needed in device management, says SOTI report, despite Australia leading in IT investment for hybrid work.

By Sean Mitchell • 3 min read • Thu, 17th Aug 2023

Supply Chain

Weak demand and changing IT budgets causes drop in PC shipments

Global PC shipments continue to decline, falling 13.4% in 2Q23, marking the sixth consecutive quarter of contraction, according to IDC.

By Catherine Knowles • 3 min read • Tue, 11th Jul 2023

Public Cloud

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.

By Shannon Williams • 4 min read • Fri, 7th Jul 2023

Software-as-a-Service

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.

By Catherine Knowles • 3 min read • Fri, 23rd Jun 2023

Internet of Things

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.

By Catherine Knowles • 5 min read • Wed, 21st Jun 2023

Software

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.

By Catherine Knowles • 3 min read • Wed, 21st Jun 2023

Power / Energy

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.

By Shannon Williams • 5 min read • Tue, 13th Jun 2023

Stories from Other Regions

IT Budget stories

Advanced Persistent Threat Protection

Bank of England increases IT spending amid criticism

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.

By Shannon Williams • 3 min read • Wed, 27th Mar 2024

Artificial Intelligence

HMRC spends £80m on remote working tech amid 'couch potato' critique

HMRC's £80m spending on remote working tech over three years has sparked debate, evidencing a shift towards a 'couch potato culture', according to official figures.

By Catherine Knowles • 3 min read • Thu, 14th Mar 2024

Endpoint Protection

Majority of IT decision-makers to boost cybersecurity budgets in 2024

Infosecurity Europe reports a significant rise in cybersecurity budgets for 2024, with 69% of UK IT leaders expecting an increase, predominantly in cloud security and incident response.

By Catherine Knowles • 3 min read • Wed, 21st Feb 2024