IT budget stories
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.
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.
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.
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.
Akamai invests heavily in cloud computing following new research
Akamai survey reveals varying levels of investment in cloud computing among businesses in Asia-Pacific, but overall acknowledgement of its importance.
Threats surge as cybersecurity budgets are slashed
In the face of economic turmoil, businesses are confronting the dual challenge of declining or stagnating cybersecurity budgets and escalating threats.
Delinea - 80% of US companies have had to use cyber insurance
Delinea says this should come as a warning to APAC organisations, who should examine the U.S. experience to avoid similar issues.
How threat intelligence platforms can extend detection and response
Cybersecurity spend rises; XDR and integral threat intel platforms top priorities for enhanced defences.
Avoid the sugar high: Making the most of the government's SMB digital sweetener
Australian SMBs urged to make strategic, long-term investments in digital technology, rather than rushing into short-term budget measures.
$20m boost for digital technologies announced
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
Logistics leaders expect outsourcing budgets to increase
Two-thirds of logistics leaders increased their outsourcing budget this year, with 74% expecting further increases in the next two years, according to Gartner.
IT budgets set to boom over next 12 months - research
IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.
85% of Australian tech leaders say digital transformation demand outstrips IT budget growth
Australian IT teams are losing control of digital infrastructure as non-IT business units take the lead in developing most of the applications that they use.
Webinar: Recession-proofing 101: How to take control of your IT strategy
Businesseses needed to think on their feet if they were to survive. For many, it meant cutting costs any way they could.
Cybersecurity budgets still not keeping up with threats — report
Cybersecurity budgets stagnant as cyber-attacks rise, new research says. Executives underestimate risk, hindered by skill shortages.
The top 10 trends shaping budgeting, planning and forecasting in 2021
The core processes of budgeting, planning, and forecasting have come under pressure due to remote working, prompting a need for new approaches.
It decision makers look to increase budget, cloud migration top priority
Increased budgets and cloud migration are top priorities for UK IT decision makers in 2021, says Next Pathway research.
Gartner: ANZ organisations increased investment in digital innovation during COVID-19
Over half of Australian and New Zealand CIOs have seen increased funding for digital innovation as a result of the COVID-19 pandemic.
US-China trade war a ‘double-edged sword’ for ICT spending
The trade war, among other factors, is set to negatively impact global ICT spending but the market will still experience positive growth.
IT security teams suffering an 'image problem'
Security professionals feel like they are perceived as ‘policemen’, and 13% say they experience negativity from colleagues all the time.
Gartner CIO survey: enterprises are entering third IT era
The role of the CIO will remain crucial in the era of digital business, according to Gartner's annual survey of CIOs.
IT struggling with increased roles and limited budgets
With digital transformation rife, IT departments around the globe are being forced to do more with the same resources.
ESET survey: Lack of funding a major problem for Japan SMBs
Small and medium-sized businesses (SMBs) in Japan are struggling to enhance their cybersecurity due to the high costs involved, according to a survey by ESET.
IT spending by AU educational institutions to exceed US$1.6b
Educational institutions in Australia are loosening the purse strings in a move the IDC says is in response to ‘dramatic changes' in student demands.