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

John-David Lovelock stories

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Australia's IT spending to surge to AUD $147 billion in 2025

Wed, 11th Sep 2024
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network infrastructure
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genai
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ai
Australia's IT spending is poised to hit AUD $147 billion in 2025, up 8.7% from 2024, with cybersecurity, GenAI, and cloud investments driving the increase.
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Global IT spending to hit $5 trillion in 2024 - Gartner

Mon, 22nd Jan 2024
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blockchain
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iot
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genai
Global IT spending is forecasted to rise by 6.8% in 2024, reaching a $5 trillion value, driven by traditional engines of profitability and labour.
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Projected 5.8% increase to Australia IT spending in 2023

Thu, 19th Jan 2023
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supply chain
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it budget
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financial results
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in Australia will grow 5.8% in 2023.
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Gartner forecasts worldwide IT spending to grow 5.1% in 2023

Thu, 20th Oct 2022
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hyperscale
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dc
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colocation
Despite economic headwinds, IT spending in Australia and New Zealand is forecast to grow 6% next year as organisations push ahead with digital initiatives.
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Gartner predicts 2022 global IT spend to reach $4.5 trillion

Tue, 19th Jul 2022
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edutech
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fintech
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it budget
Gartner's latest report forecasts worldwide IT spending to reach US$4.5 trillion in 2022, an increase of 3% compared to 2021.
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Gartner anticipates $117.2 billion 2022 Australian IT spend

Thu, 7th Apr 2022
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edutech
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iaas
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supply chain
Gartner has projected a total Australian IT spend of AU$117.2 billion in 2022 in its latest forecast, increasing by 13.1% from 2021.
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Gartner: Tech spending set to skyrocket in Australia for 2022

Thu, 20th Jan 2022
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cloud services
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digitisation
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spending
Tech spending in Australia set to surge in 2022, with overall spending forecast to grow 6.3% to reach A$111bn, according to Gartner.
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Global IT spending plunges, but will have faster recovery - Gartner

Wed, 15th Jul 2020
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iaas
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it budget
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analyst report
Global IT spending is projected to decline by 7.3% in 2020 to reach $3.5 trillion, but will recover faster than the economy, says Gartner.
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Gartner: Local IT spending to dip 6% in 2020

Thu, 14th May 2020
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cloud services
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it budget
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market research
Australia's IT spending is projected to decline by 6% in 2020 due to COVID-19, equating to a reduction of approximately AUD $8.8 billion, per Gartner.
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Global IT set to reach $4 trillion, driven by SaaS

Fri, 17th Jan 2020
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saas
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it budget
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analyst report
Global IT spending is set to exceed $4 trillion in 2021 as businesses invest in IT amid economic and political stability, says Gartner.