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

Spending stories

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Six ways to get your SaaS spend under control
3 days ago
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saas
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software
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subscriptions
Without the proper strategy and guardrails in place, SaaS costs can spin out of control, from duplicate subscriptions to wasted licence spending.
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How can retailers become more recession resilient?
This month
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cx
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spending
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retail
As we enter this period of economic turbulence and consumers look to reduce non-essential spending, retail is likely to be one of the sectors that’s hit the hardest.
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Consumer habits transformed by COVID-19 and upcoming generations
Fri, 30th Dec 2022
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blockchain
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idc
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spending
 "Pandemic driven behavioural changes, combined with the mainstreaming of the unique habits of Gen Z and Millennials, have given rise to the Future Consumer."
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Differences in generations propelling huge changes in spending
Thu, 29th Dec 2022
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shopping
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spending
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idc
IDC has revealed some dramatic shifts occurring in how different generations earn income, spend their money, and leverage technology to do both.
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Three factors influencing growth in security spending
Tue, 18th Oct 2022
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cybersecurity
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gartner
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spending
“The pandemic accelerated hybrid work and the shift to the cloud, challenging the CISO to secure an increasingly distributed enterprise."
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Cloud cost-cutting is in vogue, but pitfalls abound
Mon, 10th Oct 2022
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cloud
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cloud infrastructure
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spending
Something interesting is happening in cloud finance management, and the way to think about this is: there’s more than one way to skin the cloud costs problem.
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Slower spending, turbulent economy to make 2023 planning difficult
Wed, 31st Aug 2022
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metaverse
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spending
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strategy
Business leaders who plan for “business as usual" modest spending increases in the year ahead will fall short, according to  Forrester.
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Airwallex announces global expense management platform
Fri, 8th Apr 2022
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wfh
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fintech
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expense management
Airwallex has announced the launch of its global Expenses platform, offering modern solutions for organisations to manage their expenses in a quick, seamless and straightforward manner.
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IDC spending guide shows AI spending will double by 2025
Fri, 18th Mar 2022
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ai
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spending
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idc
According to a new IDC spending guide, U.S. spending on artificial intelligence solutions will double by 2025.
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Why manual calculations are a CFO’s Achille’s heel
Wed, 16th Feb 2022
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finance, leasing & rental
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business
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cfo
Accuracy and strong attention to detail are essential for finance professionals in order to perform well and to hold the respect of their peers.
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Australian businesses are boosting their cyber security budgets
Mon, 14th Feb 2022
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cybersecurity
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investment
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spending
According to a new Accenture report, Australian businesses are boosting their cyber security budgets.
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Public cloud computing spend to overtake traditional IT
Fri, 11th Feb 2022
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public cloud
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gartner
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spending
Gartner finds that by 2025, 51% of IT spending will have shifted from traditional solutions to the public cloud, compared to 41% in 2022.
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Gartner: Tech spending set to skyrocket in Australia for 2022
Thu, 20th Jan 2022
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cloud
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digitisation
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gartner
Overall spending on tech in Australia is forecast to grow 6.3% to reach A$111 billion in 2022, as analysed in Gartner's latest quarterly IT spending forecast update.
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Mastercard: Digital resilience and experience spending key trends for 2022
Fri, 24th Dec 2021
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commerce systems
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pos
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payment gateways
Shifts in household savings, economic growth, leisure travel recovery and consumer spending on stuff versus experiences are in focus as businesses continue to move digital.
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How retailers can accelerate their business through card-linked loyalty programs
Thu, 2nd Dec 2021
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bi
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big data
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data analytics
Retail is a fast-growing sector, and most businesses leverage customer loyalty to compete more effectively.
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IT budgets set to boom over next 12 months - research
Wed, 3rd Nov 2021
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it spending
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it budget
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spending
IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.
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APAC businesses unsure if cybersecurity defences are up to scratch
Tue, 24th Aug 2021
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spending
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covid-19
The cyber spend of Asia-Pacific businesses remains low at just 0.05% of their annual revenue.
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IT spending to hit $4.2 trillion in 2021 — report
Thu, 15th Jul 2021
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iaas
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gartner
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it spending
"CIOs are looking for partners who can think past the digital sprints of 2020 and be more intentional in their digital transformation efforts in 2021."
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Double-digit growth ahead for smart home devices as consumers embrace home automation
Tue, 30th Mar 2021
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smart home
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technology gifts
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idc
"Sales of smart home devices have remained fairly resilient during the global COVID-19 pandemic."
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Security and risk management spending in Australia to increase in 2021
Tue, 23rd Mar 2021
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cybersecurity
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gartner
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it spending
Australian organisations will spend more than A$4.9 billion on enterprise information security and risk management products and services in 2021, according to the latest forecast by Gartner. 
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ANZ businesses increase spend on cybersecurity in wake of COVID-19
Tue, 16th Mar 2021
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cybersecurity
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idc
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it spending
Despite organisations cutting spending in many areas during 2020 due to the impact of COVID-19, security remains a consistent area of increased investment.
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Cybersecurity spending for critical infrastructure to surpass US$105 billion in 2021
Thu, 11th Feb 2021
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cybersecurity
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spending
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abi research
The brunt of security spending is still first and foremost focused on IT networks, systems, and data security from a defensive perspective. 
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Global IT spending to hit almost $4 trillion this year — Gartner
Tue, 26th Jan 2021
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digital transformation
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gartner
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it spending
This is a marked improvement from last year, where IT spending declined by 3.2% in the wake of the COVID-19 pandemic, which forced IT teams to prioritise mission-critical infrastructure over IT spending.
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Enterprise driving spend in data and content management solutions across APAC
Thu, 12th Nov 2020
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ecm
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martech
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it spending
The revenue growth is driven by the rise in enterprises' need to organise, categorise and structure content in a meaningful manner.
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