Without the proper strategy and guardrails in place, SaaS costs can spin out of control, from duplicate subscriptions to wasted licence spending.

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.

 "Pandemic driven behavioural changes, combined with the mainstreaming of the unique habits of Gen Z and Millennials, have given rise to the Future Consumer."

IDC has revealed some dramatic shifts occurring in how different generations earn income, spend their money, and leverage technology to do both.

“The pandemic accelerated hybrid work and the shift to the cloud, challenging the CISO to secure an increasingly distributed enterprise."

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.

Business leaders who plan for “business as usual" modest spending increases in the year ahead will fall short, according to  Forrester.

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.

According to a new IDC spending guide, U.S. spending on artificial intelligence solutions will double by 2025.

Accuracy and strong attention to detail are essential for finance professionals in order to perform well and to hold the respect of their peers.

According to a new Accenture report, Australian businesses are boosting their cyber security budgets.

Gartner finds that by 2025, 51% of IT spending will have shifted from traditional solutions to the public cloud, compared to 41% in 2022.

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.

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.

Retail is a fast-growing sector, and most businesses leverage customer loyalty to compete more effectively.

IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.

The cyber spend of Asia-Pacific businesses remains low at just 0.05% of their annual revenue.

"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."

"Sales of smart home devices have remained fairly resilient during the global COVID-19 pandemic."

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. 

Despite organisations cutting spending in many areas during 2020 due to the impact of COVID-19, security remains a consistent area of increased investment.

The brunt of security spending is still first and foremost focused on IT networks, systems, and data security from a defensive perspective. 

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.

The revenue growth is driven by the rise in enterprises' need to organise, categorise and structure content in a meaningful manner.