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

IT Budget Stories

Australian Stories

IT Budget stories

Global Stories

IT Budget stories

Flexera appoints Mike Jerich as Chief Executive Officer
Hybrid Cloud

Flexera appoints Mike Jerich as Chief Executive Officer

Flexera's new chief executive takes over as customers face mounting pressure to rein in cloud and AI spending across sprawling technology estates.

By Sofiah Nichole Salivio • 4 min read • Last week
Tech Mahindra posts $1.66bn revenue as deals top $1bn
Private Cloud

Tech Mahindra posts $1.66bn revenue as deals top $1bn

Investors are likely to focus on firmer demand as the IT services group booked its third straight quarter of deals above USD $1 billion.

By Karen Joy Bacudo • 4 min read • Last week
AI Appreciation Day exposes split over workplace risks
Data Protection

AI Appreciation Day exposes split over workplace risks

Businesses are being warned that rushed AI rollouts can waste spend and add risk unless teams define clear goals and checks first.

By Sofiah Nichole Salivio • 4 min read • Last week
Westcon-Comstor survey flags project delays from shortages
Hybrid Cloud

Westcon-Comstor survey flags project delays from shortages

Project timelines are being stretched as 87% of channel partners move to counter hardware price swings and memory shortages, Westcon-Comstor found.

By Sofiah Nichole Salivio • 4 min read • Last week
European printer market loses momentum as Q2 demand weakens
Partner Programmes

European printer market loses momentum as Q2 demand weakens

Weak business spending and falling prices left Europe's printer market below its 2025 average by Week 26, despite resilient consumer sales.

By Sofiah Nichole Salivio • 4 min read • Last week
Most CX leaders see little AI impact, despite spend
Digital Transformation

Most CX leaders see little AI impact, despite spend

Most firms are still increasing AI budgets, even as 57% of CX leaders say the technology has delivered little or no impact on operations.

By Sean Mitchell • 4 min read • This month
RecordPoint launches global partner programme for AI
Data Protection

RecordPoint launches global partner programme for AI

Demand for data governance is rising as regulated organisations spend more on AI, and RecordPoint is betting on partners to capture it.

By Sean Mitchell • 3 min read • This month
Westcon-Comstor expands Ericsson private 5G in APAC
Network Infrastructure

Westcon-Comstor expands Ericsson private 5G in APAC

Channel partners across Asia-Pacific will gain wider access to private 5G as Ericsson broadens distribution through Westcon-Comstor.

By Joseph Gabriel Lagonsin • 4 min read • This month
Gartner warns agentic AI threatens $234bn SaaS spend
Software-as-a-Service

Gartner warns agentic AI threatens $234bn SaaS spend

Enterprise buyers could shift billions from seat licences as agentic AI is set to undercut up to 20% of SaaS spending by 2030.

By Sean Mitchell • 4 min read • This month
SAP appoints Verena Siow as Asia Pacific President
Software-as-a-Service

SAP appoints Verena Siow as Asia Pacific President

Asia Pacific customers will get a new regional lead as SAP doubles down on AI-linked growth across one of its biggest markets.

By Mark Tarre • 4 min read • This month
Asia firms adopt agentic AI faster than resilience
Robotics

Asia firms adopt agentic AI faster than resilience

Recovery plans are lagging as Asian companies rush into agentic AI, with average incident downtime stretching to 28 days, a survey found.

By Mark Tarre • 4 min read • This month

Stories from Other Regions

IT Budget stories

UK businesses overstate AI progress, EXL research finds
Data Analytics

UK businesses overstate AI progress, EXL research finds

Only 12% of UK companies qualify as AI leaders, with most still struggling to turn pilot projects into measurable returns.

By Joseph Gabriel Lagonsin • 3 min read • Last week
KPMG sees AI surge as firms struggle to prove value
Digital Transformation

KPMG sees AI surge as firms struggle to prove value

Nearly half of businesses have paused or scaled back AI projects as weak cost tracking leaves returns unproven and security gaps widen.

By Sean Mitchell • 6 min read • This month
Irish firms spend €667,000 on zombie projects yearly
Digital Transformation

Irish firms spend €667,000 on zombie projects yearly

A lack of clear IT planning is leaving Irish large firms with a €667,000 annual drag from projects that should have been stopped.

By Sofiah Nichole Salivio • 4 min read • This month
Treasury report warns UK firms over resilience blind spot
Supply Chain

Treasury report warns UK firms over resilience blind spot

Most UK senior leaders expect more disruption ahead, yet many still see resilience spending as a cost rather than commercial value.

By Sofiah Nichole Salivio • 5 min read • This month
UK firms prefer pre-built AI agents over custom code
Software-as-a-Service

UK firms prefer pre-built AI agents over custom code

Rising token costs are pushing UK businesses towards ready-made AI agents, as fresh research shows they value speed over bespoke development.

By Sofiah Nichole Salivio • 3 min read • This month
ScotlandIS appoints Andrew Weir as Chief Executive
Manufacturing

ScotlandIS appoints Andrew Weir as Chief Executive

The appointment comes as Scotland's digital sector contributes GBP £7.5 billion to the economy and faces pressure to fill 13,000 annual vacancies.

By Sofiah Nichole Salivio • 4 min read • This month