Technology news for Australian CFOs and financial decision-makers
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COVID-19: 92% of top 25 tech companies report market capitalisation decline
23 of the top 25 tech companies have reported a major quarter-on-quarter decline in market capitalisation for Q1 2020, according to new research.
CorPlan develops forecasting tool to eliminate 'spreadsheet hell' & support stimulus modelling
The solution helps to move organisations away from ‘Excel Hell’ related to budgeting, forecasting, and planning.
COVID-19: 51% of CFOs are preparing to lose up to 30% in revenue
The survey, which quizzed 145 CFOs and other senior finance leaders last week, also revealed that 28% of respondents believe the impact on their organization’s revenue could be higher than 30%.
Avoid employee underpayment woes with better planning and forecasting
Accurately paying people for the hours they work is only part of the issue. You also need to be able to plan for the future.
IDC: Global IT spending growth may drop as low as 1% for 2020
Depending on how the economic factors around COVID-19 play out, a pessimistic scenario would see spending growth nowhere near the 4.3% expected.
IDC lowers cloud spending forecast amidst global slowdown
IDC has lowered its forecast for total cloud infrastructure spending for 2019 as the market enters a slowdown period.
IDC: Commercial sector will lead ICT spending to $4.8 trillion in 2023
Digital transformation and the adoption of automation technologies will be driving investments in applications, analytics, middleware, and data management software.
ASB urges businesses to get on with major decisions despite uncertainty
Positive thinking is key because New Zealand’s economic growth is actually expected to gradually accelerate to 3.4% by the end of 2019.