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

IT Budget stories

Scott sellers ceo of azul

Azul momentum surges as enterprise Java demand jumps

Yesterday
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Azul wins a bigger enterprise foothold as FY26 bookings leap, partners expand and a Thoma Bravo-backed deal and Payara buyout widen its Java push.
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SITA says fragmented data hinders aviation tech spend

2 days ago
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SITA says aviation tech spend hit USD $50.8 billion in 2025, but poor data integration is still limiting returns across AI, security and sustainability.
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Auctor raises USD $20 million for software implementation

3 days ago
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Auctor secures USD $20 million from Sequoia Capital and backers to automate enterprise software rollouts and cut costly project delays.
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Gigamon eyes AI-led surge in network observability

3 days ago
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Gigamon unveils AI traffic tools as IDC says network observability market will reach USD $4.39 billion by 2029.
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SoftwareOne unifies APAC direct businesses under one brand

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SoftwareOne and Crayon merge APAC direct businesses under one brand as customers see no immediate changes to contracts or account teams.
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NTT Data warns AI demand is outpacing cloud maturity

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NTT Data warns only 14% of firms have top-tier cloud maturity as AI demand surges, leaving modernisation, security and cost plans under strain.
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Asia-Pacific PC shipments seen falling 13.7% in 2026

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Asia-Pacific PC shipments are expected to reverse sharply in 2026 as memory shortages and higher prices squeeze supply after a strong 2025 rebound.
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Asia Pacific technology spend to rise 9.3% in 2026

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Forrester says Asia Pacific tech spending will climb to USD $874 billion in 2026, but inflation, tariffs and geopolitical risks will blunt gains.
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CFOs urged to treat AI as a portfolio, not one ROI

Last month
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Gartner tells CFOs to stop chasing a single AI ROI formula and instead manage varied AI projects as a balanced, actively reviewed portfolio.
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World Backup Day warns firms on untested recoveries

Last month
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World Backup Day prompts warnings that untested restores and AI-era data demands are leaving mid-sized firms dangerously exposed.
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Salesforce adds AI agents to small business suites

Last month
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Salesforce bakes Agentforce AI agents into SME CRM suites, promising faster sales, service and marketing work from a single platform.
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Lwart expands Rimini Street support to SAP & VMware

Last month
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Lwart extends Rimini Street support to SAP and VMware to cut licensing pressure, avoid forced upgrades and refocus IT on operations.
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Netskope launches unified platform for AI security

Last month
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Netskope unveils Netskope One AI Security, a unified platform to tackle shadow AI, data leakage and model attacks across enterprises.
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Island brings secure AI-ready enterprise browser to ANZ

Last month
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Island launches a secure AI-ready enterprise browser in Australia and New Zealand as CIOs boost AI spend but fret over data governance.
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AI to drive Australian cyber security spend to 2026 high

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Australian cyber security spending will hit AUD $7.555 billion in 2026, as AI adoption, talent shortages and rising threats fuel fresh investment.
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IDC cuts 2026 PC forecast as memory shortages bite

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IDC warns memory shortages and supply constraints will drive a steeper 2026 fall in PC and tablet shipments, even as market value rises.
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Valkey's lean memory tactics amid global DRAM crunch

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With DRAM in short supply, Percona urges developers to cut RAM use and fine‑tune Valkey to keep apps fast on tighter hardware budgets.
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External OEM storage revenue rises 3.9% to USD $33bn

Last month
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IDC says the external OEM enterprise storage market returned to growth in 2025 as delayed refresh cycles lifted spending, with all-flash arrays leading gains.
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Virtana launches system-wide observability for AI chaos

Last month
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Virtana debuts system-wide AI observability as enterprises battle double-digit AI job failures and mounting hybrid, multi-cloud fragility.
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Nvidia survey shows AI driving revenue, cuts & spend

Last month
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Nvidia survey finds AI now widely embedded in operations, driving revenue gains, cost cuts and fresh spend as firms move beyond pilots.