Technology news for Australian CFOs and financial decision-makers
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IT buyer confidence plummets in US but slivers of hope seen in APAC
While spending on some technologies, like cloud and remote platforms, has seen an uptick, IDC says a ‘significant’ overall contraction will be felt in the next few months.
Opportunity awaits for tech spend despite COVID-19, says IDC
Recent forecasts may point towards declines in overall tech spending in 2020, but there also opportunities where business may be looking to increase short-term investments as part of their response to the COVID-19 crisis.
GlobalData: A/NZ security service spending set to skyrocket
Australia and New Zealand are estimated to witness the highest compound annual growth rates (CAGR).
Worldwide spending on security products and services set to reach $151.2 billion in 2023
"Considering there have been many attempts for hackers to acquire funds from banks, the banking industry is expected to spend the most on security solutions."
IDC: A/NZ second highest APAC IoT spenders per capita
New IDC forecast expects the Internet of Things spending in Asia/Pacific excluding Japan to reach US$381.8 Billion by 2022.
IDC: Global smart cities spending will near $100b this year
The IDC spending guide has expanded the scope of its spending guide to over 100 cities and 30 use cases.
IDC - APeJ blockchain spending ready to skyrocket
Asia/Pacific (excluding Japan) spending on blockchain solutions to reach US$2.1 billion in 2022, according to the latest IDC report.
Tourists want contactless as spend into NZ grows
Visa has released a report showing that tourist spend in NZ is growing and they want to use contactless payment systems.
IDC says global IoT spending to hit $1.2 trillion in 2022
The findings come from the Analyst's worldwide IoT spending guide, which forecasts IoT spending for 14 technologies across 20 vertical industries.
Synergy reports record-breaking Q1 capex spend for big cloud providers
The capital expenditure (Capex) of hyperscale operators jumped to $27 billion in Q1, according to Synergy.
Opportunities as IOT, Cloud & ML keep growing, says Kiwi research
“Manufacturing and agriculture are taking the lead… with the view to continue implementing industry 4.0 technologies.”
Blockchain spending to surge 90% in 2018 with 60% on IT services
APAC spent around US$148m on blockchain solutions in 2017, with 2018's forecast almost double that and IT services taking the lion's share.
Government IT spending for 2018 - Gartner survey results
Cloud, cybersecurity and analytics are where government CIOs plan to spend in 2018 according to a recent survey by Gartner.
Concur: How businesses can reign in overspending employees
Where overspend occurs, managers should ensure those responsible can justify their actions and, if necessary, educate them appropriately.
Increasing average selling prices driving end user spend up, despite flat shipments
Shipments of end user devices might be flat, but the revenues are still on the up, thanks to increasing average selling prices, Gartner says.
Spending needed on education infrastructure, says ACT Party
“The Council has not considered the implications of changing land use on education in the area, where schools are already bursting at the seams.”
NZ spending on credit, debit cards slips in April
"Today's numbers were weaker than expected and suggest that some of the super-strong growth in spending in the March quarter was a one-off."
iOS review: Budget Tracker
The more money I save the more stingy I am with spending money.