TelcoNews UK - Telecommunications news for ICT decision-makers

IT Budget stories - Page 6

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Enterprise leaders encouraged to take 'immediate action' of SaaS portfolios

Fri, 23rd Jun 2023
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saas
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it budget
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data governance
Productiv has unveiled its 2023 State of SaaS Series which indicates enterprise leaders need to take immediate action to rationalise their SaaS portfolios.
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Worldwide IoT spending to surpass $1 trillion in 2026 - IDC

Wed, 21st Jun 2023
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iot
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supply chain
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it budget
Investments in the IoT ecosystem are expected to surpass $1 trillion in 2026 with a CAGR of 10.4% over the 2023-2027 forecast period, the analysts find.
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Software spend set to grow 13.5% in 2023 - Gartner report

Wed, 21st Jun 2023
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software
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it budget
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investment
Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.
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More action needed to plug critical gaps in cybersecurity

Tue, 13th Jun 2023
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power / energy
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cybersecurity
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it budget
Energy industry boosts cyber security spending as concerns over vulnerabilities to cyber threats rise, according to DNV research.
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Internet of Things software market evolving – report

Fri, 9th Jun 2023
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semiconductors
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iot
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iiot
IoT enterprise spending reached $201 billion in 2022, lower than predicted, but AI is expected to play a bigger role, says IoT Analytics.
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APAC tech spend remains robust despite fragile economy

Wed, 7th Jun 2023
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supply chain
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cloud services
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it budget
In spite of challenges including fragile post-pandemic supply chains, Asia Pacific tech spend will continue to grow by 6.8% to 7.3% per year from 2024 to 2027.
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Governments increase digital investments in response to global turmoil

Thu, 25th May 2023
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government
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it budget
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modernisation
Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.
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Dell APEX data storage and private cloud services expand availability

Wed, 17th May 2023
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dr
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private cloud
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network infrastructure
Dell APEX expands global reach, introduces new capabilities and delivers enhancements to support demanding workloads.
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Threats surge as cybersecurity budgets are slashed

Thu, 6th Apr 2023
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advanced persistent threat protection
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cybersecurity
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it budget
In the face of economic turmoil, businesses are confronting the dual challenge of declining or stagnating cybersecurity budgets and escalating threats.
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Global IT spending in 2023 continues to trend downward

Thu, 6th Apr 2023
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it budget
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investment
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analyst report
IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.
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2023 is the time for more tech innovation, not less

Fri, 24th Feb 2023
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supply chain
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ai
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clean technologies
Tech firms face challenges in 2023 due to the economic downturn and uncertainty. Innovation is key to surviving the recession.
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Enterprise in APAC to increase IT security budgets

Thu, 9th Feb 2023
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cybersecurity
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kaspersky
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it budget
The increased complexity of IT infrastructure is a main factor driving cyber security spending for companies of all sizes.
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Global IoT market size set to grow 19% in 2023 – report

Thu, 9th Feb 2023
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iot
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iiot
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supply chain
The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.
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Projected 2.4% increase in Global IT spending in 2023

Thu, 19th Jan 2023
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it budget
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financial results
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tablets
In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.
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Govt IT spending to hit $588.9 billion in 2023, up 6.8%

Thu, 29th Dec 2022
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edutech
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government
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it budget
Government IT spending to reach $588.9bn in 2023, with increased investment in digital services and improving citizen experience, says Gartner.
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Aussie IT professionals more than double software investment in 2022

Thu, 17th Nov 2022
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software
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it budget
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investment
Over half of Australian IT decision-makers increased their software budgets in 2022 despite economic challenges, with additional increases expected in 2023.
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Kaspersky highlights worrying security trend with SMBs

Thu, 27th Oct 2022
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smb
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kaspersky
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it budget
24% of companies with 50-999 employees are considering using pirated software to cut IT costs, warns Kaspersky report.
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Gartner survey reveals delays in government tech purchases

Thu, 8th Sep 2022
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digital transformation
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it budget
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emerging technology
According to a survey by Gartner, at 22 months, the public sector has the longest average buying cycle for technology purchases compared to other industries.
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How secure is accounting software data in Aotearoa?

Wed, 6th Jul 2022
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data protection
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fintech
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financial systems
A recent Xero study found ICT spending for NZ businesses has increased 25% compared to pre-pandemic levels, so how safe is accounting software?.
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IT budgets set to boom over next 12 months - research

Wed, 3rd Nov 2021
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it budget
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spending
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tablets
IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.