IT Spending stories

New research reveals that 92% of IT leaders warn lack of employee digital readiness risks undermining $644bn Generative AI investments worldwide.

Datadog plans its first data centre in Australia by mid-2025, responding to local privacy demands and expanding services to over 1,000 clients.

S&P Global Ratings predicts a 9% surge in global IT spending by 2025, driven by AI investments in data centres and traditional hardware.

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.

Vectra AI has revealed its cybersecurity forecasts for 2025, highlighting AI's crucial role amid a projected USD $5.74 trillion global IT spend.

Vectra AI's 2025 predictions highlight the critical role of AI in cybersecurity for Australia and New Zealand, emphasising the need for measurable outcomes.

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.

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.

A new report reveals that 95% of UK finance leaders struggle with global spend management due to outdated systems, hindering business growth.

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.

Enterprises are prioritising security over digital transformation as cybercrime's global cost approaches USD $9.5 trillion. Is crowdsourced security the answer?.

A new report by Vultr reveals 72% of enterprises are advancing in AI adoption, correlating AI maturity with enhanced business performance across sectors.

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.

Talenza inaugurates Tranzformd and the Transformation Group for a new trajectory in Australian enterprise, merging talent, tech and strategy for effective business transformations.

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.

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.

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.

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.

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.

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