Technology news for Australian CFOs and financial decision-makers
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Australian computer software spend reaches record high in Q316
Australian computer software spend has accounted for a record $3.75 billion in the third quarter. That amount is expected to grow rapidly next year.
SMBs shell out billions on IT spend as they look to compete with enterprise
"We expect IT solutions to drive business outcomes, and in turn further close the competitive gap between SMBs and enterprises."
Cybersecurity checklist: Five essential tasks for multinational companies in 2017
While 2016 brought to light a number of massive data breaches, we have to be ready for more highly sophisticated and rapid attacks in 2017.
Industrial automation behind tech spending growth in APAC, researcher says
IDC predicts technology spending in the manufacturing sector region will reach over $36 billion by 2020.
VMware report: Decentralisation of IT spending is 'stressing' Australian business
VMWare's State of the Cloud Report has shown that decentralisation of IT spending is having a detrimental effect on Australian and global enterprises.
Business and IT services revenues to hit the trillion dollar mark
"Growth prospects will shift away from legacy IT services, which are on the decline, and towards the digital opportunity that lies ahead."
Civilisation infrastructure IT’s most important accomplishment, says Gartner
“CIOs will participate in the building of a new digital platform with intelligence at the centre."
Gartner forecasts Indian Government spending will reach $7.2 billion in 2016
Government spending on IT in India will reach US $7.2 billion in 2016, a 2.4% increase compared to last year, new Gartner research has shown.
IT spending skyrockets as businesses spend up large on 3rd Platform
Positive momentum is on display in big industries where companies continue to invest in 3rd Platform solutions like cloud, mobility, and Big Data.
Malaysia IT spending expected to rise 6.5% this year
Despite worldwide IT spending's forecast to remain flat this year, Malaysia can look forward to growth.
Global IT spend 'lackluster', according to reports
"The pace of change in IT will never again be as slow as it is now, but global IT spending growth is best described as lackluster."
New Zealand's strong ICT sector ranked 17th on global index
New Zealand's ICT sector is strong, ranking 17th out of 139 countries, according to the World Economic Forum's Global Information Technology report.
Australia's ICT future is bright, finds Global Information Technology Report
The World Economic Forum's Global Information Technology Report paints a rosy picture of Australia's ICT sector, placing it 18th out of 139 countries.
IT spend in APAC banking and security industries to reach $22 billion
Increased IT spending is expected in the banking and security industries across mature Asia Pacific countries including Australia and New Zealand.
Investing in transformation on a budget: Is it possible?
"Today many businesses are looking to modernise their IT strategies but are working within the confines of a limited budget."
Growing demand for analytics drives IT spending
As big data takes on a momentum of its own, driven by developments in IoT technologies and more, businesses are discovering the power of analytics.
Growth ahead for Kiwi IT spend, but which markets win and which lose?
Gartner is predicting IT spend in New Zealand to see a small increase this year and on to 2017. So which markets will win - and which are in decline?
Aussie IT spend on the up - who wins, who loses?
Gartner figures show Australian IT spend is forecast to grow this year and on to 2017 - but which markets are the winners, and which are in decline?
IT spending a casualty of economic uncertainty, says Gartner
"There is an undercurrent of economic uncertainty that is driving organisations to tighten their belts, and IT spending is one of the casualties."
IT spending set for major slowdown in 2016
Asia Pacific region will post growth of less than 2% in 2016, compared to 7% in 2015.
Enterprise market presents huge growth opportunity for cloud providers
"The majority of enterprises plan to increase their spending on cloud computing by as much as 50% in 2016."
IDC: Detailed approach to targeting growth and opportunity required
IDC is warning that the need is greater than ever for a detailed approach to targeting IT spend growth and opportunity. So where's the opportunity?
U.S. dollar the villain behind dwindling IT spend
Gartner says worldwide IT spend fizzled in 2015, which saw the largest dollar drop since the company started tracking IT spending.
IT spend for 2016: Where can the local channel make money?
As purses loosen, a new survey of Australian and New Zealand CIOs highlights areas of investment for 2016, with BI and analytics leading the way.