IT Budget stories
Global security spending is set to hit USD $103.1 billion in 2019, up 9.4% from 2017, driven by industries like banking and government, says IDC.
New IDC forecast expects the Internet of Things spending in Asia/Pacific excluding Japan to reach US$381.8 Billion by 2022.
Service providers account for a growing share of ICT spending, led by a surge of cloud infrastructure spending, according to IDC.
The trade war, among other factors, is set to negatively impact global ICT spending but the market will still experience positive growth.
Security professionals feel like they are perceived as 'policemen', and 13% say they experience negativity from colleagues all the time.
Global spending on smart cities will soar to USD $95.8 billion in 2019, with major investments from Singapore, New York City, Tokyo, and London.
IDC has shared its forecast for digital transformation spending in Europe, which looks to be a very profitable industry.
EMEA's IT spending stymied by Brexit uncertainty, with data centre and device investments flatlining as security and cloud services gain traction.
The role of the CIO will remain crucial in the era of digital business, according to Gartner's annual survey of CIOs.
Gartner's data reveals total global IT spending will continue to grow in 2019, with some sectors doing better than others.
With digital transformation rife, IT departments around the globe are being forced to do more with the same resources.
Growth in enterprise IT spending on cloud-based offerings will be faster than growth in traditional, non-cloud IT offerings.
Gartner has released a new forecast of Australia and New Zealand's information security spending power between 2018 and 2019.
Global spending on 3D printing will hit USD $23 billion in 2022, driven by growing demand from new industries, predicts IDC's latest report.
While cybersecurity has now become a critical business function, it remains a non-core competence for a significant number of boards.
An IDC report shows that the market is on course for a growth of 3.7% this year, slightly down from last year's 4.2%.
Locally, Australian tech spending is forecast to grow 2.3% to reach A$84.5 billion in 2018, with NZ to reach NZ$12 billion.
APeJ spending on mobility solutions is expected to grow 5.3% year over year in 2018, reaching more than $540.7 billion.
New Zealand businesses are predicted to reach NZD$65 billion in capital formation in 2017, and set a new record of $70 billion in 2018.
A GCSB report reveals that over 80% of major NZ firms lack a CISO, with significant gaps in human investment affecting overall cyber resilience.
