Technology news for Australian CFOs and financial decision-makers
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Gartner: A/NZ IT spending growth will surpass worldwide
2019 IT spending is expected to grow 2.2% in New Zealand, and 3% in Australia, far exceeding the 1.1% global average.
Network security providers dominate cybersecurity - Canalys
Cisco, Palo Alto Networks and Fortinet, all with a strong focus on network security products, outperformed the market, recording strong double-digit growth.
Cybersecurity spend tops $37b, but still only a fraction of IT investment
As spend continues to increase, cybersecurity only represents 2% of total IT expenditure, even as organisations increase protection against malicious threats and keep in line with data compliance regulations.
Digital spending to hit US$1.2 trillion by 2022
A recent study by Zinnov shows that IoT spend reached US$201 billion in 2018 while outsourcing service providers generated $40 billion in revenue.
Worldwide spending on security to reach $103.1bil in 2019 - IDC
Managed security services will be the largest technology category in 2019.
IDC: Growth in ICT spend driven by cloud infrastructure
Service providers account for a growing share of ICT spending, led by a surge of cloud infrastructure spending, according to IDC.
Digital transformation in Europe a €333b business
IDC has shared its forecast for digital transformation spending in Europe, which looks to be a very profitable industry.
EMEA data centre spending to flatline until Brexit’s sorted
“2018 is not a good year for IT spending in EMEA,” says Gartner research vice president John Lovelock.
GCSB report: NZ firms lack CISOs, human investment
More than 80% of New Zealand’s nationally significant organisations don’t have a dedicated chief information security officer (CISO), a benchmark report from the GCSB and NCSC has found.
Growing spend on data centre systems could be short-lived
Gartner's data reveals total global IT spending will continue to grow in 2019, with some sectors doing better than others.
A/NZ infosec spending approaches double-digit growth
Gartner has released a new forecast of Australia and New Zealand’s information security spending power between 2018 and 2019.
Spending on AI cybersecurity solutions to increase – GlobalData
While cybersecurity has now become a critical business function, it remains a non-core competence for a significant number of boards.
IDC - 2018 will see IT and telecom spending slowdown worldwide
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%.
Gartner: global IT spending to experience highest growth since 2007
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.
IDC predicts exponential growth for mobile solutions in 2018
APeJ spending on mobility solutions is expected to grow 5.3% year over year in 2018, reaching more than $540.7 billion.
Gartner outlines the future of global IT spending
Between IoT, AI and blockchain, how will IT investment fair over the next few years?
Global IT spend to increase to $3.7 trillion in 2018 - Gartner
The research and analysis company says communications services continue to drive the majority of spending.
Enterprise concerns driving Australian information security spend to $2.8b
Australian information security spend is expected to climb to $2.8b this year, with enterprise security services a key market.
Worldwide IT spending to grow again in 2017 – but it’s not all good news
A new release from Gartner has forecast worldwide IT spending to jump 2.4 percent in 2017, but some segments are set to decline.
Asia Pacific leads the way as IT spend rebounds
IDC is forecasting IT spend to rebound from the second half of 2017, so what technologies are on the up - and which are dragging the market down?
NZ and Australian IT spend ahead of global forecast
Local IT spend is tracking ahead of the global average with Gartner forecasting growth across all segments - except data centre systems.
Software growing fast as 'mature' APAC banking and securities spend hits $67b
The industry analysts say while Japan is the largest market in the region, it is New Zealand that will have the highest growth rate in 2017.
Mixed fortunes for local IT spend in 2017, says Gartner
Local IT spend will continue to climb this year but while spend in some categories is increasing, others are falling. Gartner tells who wins and loses
Enterprises falsely equate IT security spending with maturity
“Moreover, IT spending statistics alone do not measure IT effectiveness and are not a gauge of successful IT organisations."