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

IT Spending stories - Page 5

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Australian banking and securities IT spend to reach $18.5 billion
Tue, 29th Oct 2019
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bi
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big data
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data analytics
Australian banking and securities IT spending is set to grow 5.2% in 2020, driven by investments in BI, analytics, and RPA, says Gartner.
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Xero data shows SMB growth linked to technology spend
Wed, 11th Sep 2019
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accounting systems
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bi
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big data
Australian small businesses that increase their investment in technology grow their revenue and create jobs faster than other businesses.
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IDC: Commercial sector will lead ICT spending to $4.8 trillion in 2023
Fri, 16th Aug 2019
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it spending
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idc
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economic forecast
IDC forecasts steady ICT growth despite global economic headwinds; $4.8T spend by 2023.
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Federal Government inks cloud deal with Microsoft
Wed, 17th Jul 2019
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cloud services
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microsoft
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digital transformation
The deal accelerates transformation opportunity, invests in public sector skills, drives inclusion and leverages local investment.
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Gartner: ANZ IT spending continues to outstrip global average
Fri, 12th Jul 2019
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cloud services
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pc market
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gartner
Australia will see a 3.1% increase in IT spending, while NZ should expect 2.3%. This is compared to global growth of just 0.6%.
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Gartner: ANZ IT spending growth will surpass worldwide
Fri, 19th Apr 2019
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ai
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it spending
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it services
2019 IT spending is expected to grow 2.2% in New Zealand, and 3% in Australia, far exceeding the 1.1% global average.
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Network security providers dominate cybersecurity - Canalys
Tue, 9th Apr 2019
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endpoint protection
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email security
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edr
Cisco, Palo Alto Networks and Fortinet, all with a strong focus on network security products, outperformed the market, recording strong double-digit growth.
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Cybersecurity spend tops $37b, but still only a fraction of IT investment
Mon, 1st Apr 2019
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cybersecurity
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canalys
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it spending
Cybersecurity spend soars to a record US$10bn in Q4 2018, reveals Canalys.
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Digital spending to hit US$1.2 trillion by 2022
Mon, 25th Mar 2019
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iot
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managed services
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partner programmes
A recent study by Zinnov shows that IoT spend reached US$201 billion in 2018 while outsourcing service providers generated $40 billion in revenue.
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Worldwide spending on security to reach $103.1bil in 2019 - IDC
Thu, 21st Mar 2019
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endpoint protection
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firewall
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network management
Global security spend to hit $103.1bn in 2019, up 9.4% from 2017.
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IDC: ANZ second highest APAC IoT spenders per capita
Thu, 14th Feb 2019
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iot
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smart grids
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it spending
New IDC forecast expects the Internet of Things spending in Asia/Pacific excluding Japan to reach US$381.8 Billion by 2022.
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IDC: Growth in ICT spend driven by cloud infrastructure
Tue, 12th Feb 2019
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colocation
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cloud infrastructure
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it spending
Service providers account for a growing share of ICT spending, led by a surge of cloud infrastructure spending, according to IDC.
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IDC: Global smart cities spending will near $100b this year
Fri, 1st Feb 2019
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smart cities
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iot
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cios
IDC projects smart cities spend to reach $95.8bn in 2019, up 17.7%, with added 100+ city focus.
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Digital transformation in Europe a €333b business
Thu, 6th Dec 2018
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3d printing
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digital transformation
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iot
IDC has shared its forecast for digital transformation spending in Europe, which looks to be a very profitable industry.
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EMEA data centre spending to flatline until Brexit’s sorted
Fri, 9th Nov 2018
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it infrastructure
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colocation
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it spending
Gartner Symposium: Brexit uncertainty slows EMEA IT spend, yet cloud & security grow.
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GCSB report: NZ firms lack CISOs, human investment
Thu, 1st Nov 2018
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gcsb
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it spending
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ncsc
NZ's key orgs lack CISOs; GCSB flags cyber resilience issues.
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Growing spend on data centre systems could be short-lived
Thu, 18th Oct 2018
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saas
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cloud services
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colocation
Gartner's data reveals total global IT spending will continue to grow in 2019, with some sectors doing better than others.
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Gartner: Why 28% of key enterprise IT spending will shift to cloud by 2022
Wed, 19th Sep 2018
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cloud services
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gartner
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it spending
Growth in enterprise IT spending on cloud-based offerings will be faster than growth in traditional, non-cloud IT offerings.
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ANZ infosec spending approaches double-digit growth
Fri, 17th Aug 2018
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cybersecurity
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dlp
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it spending
Gartner has released a new forecast of Australia and New Zealand’s information security spending power between 2018 and 2019.
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IDC - spending on 3D printing to reach $23b in 2022
Mon, 6th Aug 2018
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3d printing
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idc
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it spending
Global 3D printing market surges to $23bn, with 18.4% CAGR predicted by IDC.
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Spending on AI cybersecurity solutions to increase – GlobalData
Mon, 2nd Jul 2018
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report
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globaldata
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it spending
While cybersecurity has now become a critical business function, it remains a non-core competence for a significant number of boards.
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IDC - 2018 will see IT and telecom spending slowdown worldwide
Mon, 25th Jun 2018
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iaas
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research
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it spending
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%.
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Gartner: global IT spending to experience highest growth since 2007
Tue, 10th Apr 2018
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smartphones
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colocation
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technology gifts
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.
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IDC predicts exponential growth for mobile solutions in 2018
Mon, 26th Mar 2018
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cloud services
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mobility
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wireless networks
APeJ spending on mobility solutions is expected to grow 5.3% year over year in 2018, reaching more than $540.7 billion.