CFOtech Asia - Technology news for CFOs & financial decision-makers

IT Spending stories

Story image
Internet of Things software market evolving – report
Yesterday
#
iot
#
it spending
#
iot analytics
"The IoT is evolving. Software for example is becoming a more important part of the IoT stack, more specifically IoT applications."
Story image
APAC tech spend remains robust despite fragile economy
3 days ago
#
forrester research
#
it spending
#
analyst report
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. 
Story image
Governments increase digital investments in response to global turmoil
Last month
#
gartner
#
government
#
it spending
Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.
Story image
Increased visibility elevates data-driven decision making
Last month
#
management
#
procurement
#
it spending
Procurement leaders are now beginning to understand the value and importance of data for strategic decision-making.
Story image
Dell APEX data storage and private cloud services expand availability
Last month
#
private cloud
#
it spending
#
it
Dell APEX expands global reach, introduces new capabilities and delivers enhancements to support demanding workloads.
Story image
Global IT spending in 2023 continues to trend downward
Thu, 6th Apr 2023
#
idc
#
it spending
#
investment
"The most significant impact remains concentrated in consumer markets with consumer IT spending now forecast to decline by 2% this year."
Story image
2023 is the time for more tech innovation, not less
Fri, 24th Feb 2023
#
sustainable it
#
innovation
#
it spending
The tech sector has consistently pushed the boundaries of what is possible, and this year has already seen major innovations in areas such as Generative AI and Digital Immune Systems.
Story image
Enterprise in APAC to increase IT security budgets
Thu, 9th Feb 2023
#
cybersecurity
#
it infrastructure
#
it spending
The increased complexity of IT infrastructure is a main factor driving cyber security spending for companies of all sizes.
Story image
Global IoT market size set to grow 19% in 2023 – report
Thu, 9th Feb 2023
#
iot
#
it spending
#
inflation
The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.
Story image
Australian software spending set to increase in 2023
Fri, 27th Jan 2023
#
b2b
#
it spending
#
capterra
Economic instability and a global pandemic have seen many businesses rapidly digitising and investing in various tech solutions.
Story image
Projected 2.4% increase in Global IT spending in 2023
Thu, 19th Jan 2023
#
it spending
#
financial results
#
gartner
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.
Story image
Projected 5.8% increase to Australia IT spending in 2023
Thu, 19th Jan 2023
#
australian
#
it spending
#
gartner
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in Australia will grow 5.8% in 2023.
Story image
Projected 5.5% increase to New Zealand IT spending in 2023
Thu, 19th Jan 2023
#
nz
#
it spending
#
gartner
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in New Zealand will grow 5.5% in 2023.
Story image
Govt IT spending to hit $588.9 billion in 2023, up 6.8%
Thu, 29th Dec 2022
#
government
#
it spending
#
gartner
“Government organisations are continuing to modernise legacy IT and invest in initiatives that improve access to digital services."
Story image
Why observability is key to delivering core business goals in Asia
Thu, 22nd Dec 2022
#
gartner
#
it spending
#
new relic
Observability eliminates this walled garden by creating a single source of truth and a shared understanding of software environments throughout the software development lifecycle.
Story image
New Zealand's tech sector's revenue and exports up 9%
Fri, 18th Nov 2022
#
it in healthcare
#
technology investment network
#
it spending
The top 31 companies earned more than NZD$100 million in revenue, with the top four generating more than $1 billion.
Story image
Aussie IT professionals more than double software investment in 2022
Thu, 17th Nov 2022
#
software
#
it spending
#
investment
Over half of Australian IT decision-makers increased their software budgets in 2022 despite economic challenges, with additional increases expected in 2023
Story image
Kaspersky highlights worrying security trend with SMBs
Thu, 27th Oct 2022
#
smb
#
it spending
#
kaspersky
The latest Kaspersky report reveals 24% of companies with 50 to 999 employees are ready to use pirated alternatives of business software to decrease IT spending.
Story image
Gartner forecasts worldwide IT spending to grow 5.1% in 2023
Thu, 20th Oct 2022
#
gartner
#
it
#
it spending
Despite economic headwinds, IT spending in Australia and New Zealand is forecast to grow 6% next year as organisations push ahead with digital initiatives.
Story image
Overcoming risk to achieve cloud without compromise
Mon, 10th Oct 2022
#
cloud services
#
multi-cloud
#
nutanix
To achieve cloud without compromise requires a shift in business mentality from cloud as a place to cloud as an operational model.
Story image
Gartner survey reveals delays in government tech purchases
Thu, 8th Sep 2022
#
digital transformation
#
gartner
#
it spending
According to a survey by Gartner, at 22 months, the public sector has the longest average buying cycle for technology purchases compared to other industries.
Story image
Gartner anticipates RPA software revenue of US$2.9 billion
Wed, 3rd Aug 2022
#
rpa
#
it spending
#
software
Gartner predicts global robotic process automation (RPA) software revenue to reach US$2.9 billion in 2022, an increase of 19.5% from 2021.
Story image
Gartner predicts 2022 global IT spend to reach $4.5 trillion
Tue, 19th Jul 2022
#
finance, leasing & rental
#
it spending
#
insight
Gartner’s latest report forecasts worldwide IT spending to reach US$4.5 trillion in 2022, an increase of 3% compared to 2021.
Story image
Three waters IT system project could top $500m, warns National
Mon, 18th Jul 2022
#
it spending
#
investment
#
it
A new project merging local councils' water service IT systems as part of the three waters reforms could blow out beyond the $500 million upper limit officials have quoted, National says.
© 2023 TechDay, All rights reserved. Hosted on Plan B's Cloud Services. DMARC protection by PowerDMARC.