IT Spending stories
![Story image](../../../../../uploads/story/2024/07/27/preview_Sajeeb_Lohani__Global_Director_of_Cybersecurity__Bugcrowd__1_.webp)
Unlocking the ingenuity of the crowd: Winning the war on cybercrime
Sat, 27th Jul 2024
#
devops
#
digital transformation
#
apm
Enterprises are prioritising security over digital transformation as cybercrime's global cost approaches USD $9.5 trillion. Is crowdsourced security the answer?.
![Story image](../../../../../uploads/story/2024/07/02/preview_techday_49f6ad7aae91cbae2043.webp)
Vultr report reveals AI maturity drives business performance
Tue, 2nd Jul 2024
#
hyperscale
#
digital transformation
#
public cloud
A new report by Vultr reveals 72% of enterprises are advancing in AI adoption, correlating AI maturity with enhanced business performance across sectors.
![Story image](../../../../../uploads/story/2024/05/14/preview_img-q52biZxKhmoGfEyqa8uFtS3M.webp)
AI drives 27% rise in IT spend but firms lack data strategy
Tue, 14th May 2024
#
ai
#
edge computing
#
data management
Couchbase's new survey reveals a 27% rise in IT modernisation spending driven by AI, but 59% of businesses fear their data strategies are inadequate for GenAI demands.
![Story image](../../../../../uploads/story/2024/04/01/preview_img-VWdl53w3vGuAFctlfC0aEVwl.webp)
Talenza unveils Tranzformd & the Transformation Group in Australia
Mon, 1st Apr 2024
#
digital transformation
#
hcm
#
strategy
Talenza inaugurates Tranzformd and the Transformation Group for a new trajectory in Australian enterprise, merging talent, tech and strategy for effective business transformations.
![Story image](../../../../../uploads/story/2024/03/28/preview_Felix_Berndt_2.webp)
Why comprehensive observability reduces cloud waste & minimises IT spending
Thu, 28th Mar 2024
#
cleantech
#
sustainability
#
cloud services
Amid complexities in cloud adoption, comprehensive observability emerges as a key tool for businesses to manage cloud waste, optimise costs, and streamline their IT spending.
![Story image](../../../../../uploads/story/2024/03/26/preview_img-P0qE4l25ldAUjjofd1JTZ911.webp)
Bank of England increases IT spending amid criticism
Wed, 27th Mar 2024
#
advanced persistent threat protection
#
cyber threats
#
it spending
The Bank of England's IT spending has surged by 12% to £98.8m, eliciting criticism amid rising expenses on tech salaries and bonus payouts.
![Story image](../../../../../uploads/story/2024/03/11/preview_Anthony_Farr.webp)
The benefits and risks of Artificial Intelligence
Mon, 11th Mar 2024
#
data analytics
#
data privacy
#
ai
AI is a powerful business tool, yet it carries potential risks. According to Immuta's 2024 Data Security Report, robust data governance is crucial to maintain security.
![Story image](../../../../../uploads/story/2024/02/08/preview_img-lPdq06Y12LVNlLICkm3IISH1.webp)
Inadequate digital adoption costs firms over $1m per week
Thu, 8th Feb 2024
#
digital transformation
#
digitalisation
#
it spending
Lack of digital adoption costs enterprises over $1.14m weekly, despite IT spend set to hit $5 trillion in 2024, finds WalkMe's annual report.
![Story image](../../../../../uploads/story/2024/01/08/preview_img-h5nCR48E8eCzTreavLWfFxbq.webp)
The future of data storage in the AI era
Tue, 9th Jan 2024
#
ai
#
storage
#
cleantech
2024 to usher in transformative data storage advancements pivotal for AI, with hard drive technology leaps delivering greater capacity and sustainability, fuelling a greener digital future.
![Story image](../../../../../uploads/story/2023/11/16/preview_img-a0SieUjtXDBTH6NDmY5J8Sla.webp)
Report reveals enterprise AI insights & adoption strategies
Thu, 16th Nov 2023
#
devops
#
dr
#
apm
Nutanix's report illuminates AI adoption strategies amongst enterprises, highlighting a skills gap in generative AI.
![Story image](../../../../../uploads/story/2023/11/09/preview_pic_-_Sr.webp)
Four tips to optimise your data centre
Thu, 9th Nov 2023
#
datacentre infrastructure
#
hyperscale
#
dei
From the finance department to human resources, optimised workflows are the number one way to stand out to their customers and meet business goals.
![Story image](../../../../../uploads/story/2023/10/24/preview_collaboration.webp)
NTT report: Hybrid working boosts bottom line for Aussie, Kiwi businesses
Tue, 24th Oct 2023
#
cx
#
martech
#
hcm
NTT Ltd's 2023 Global Employee Experience Trends Report shows 84% of ANZ businesses say hybrid working has boosted their bottom line.
![Story image](../../../../../uploads/story/2023/09/13/preview_GettyImages-943331302.webp)
IT spending in Aus driven by cybersecurity and cloud
Wed, 13th Sep 2023
#
cybersecurity
#
software development
#
gartner
IT spending in Australia is projected to exceed AU$133 billion in 2024, an increase of 7.8% from 2023, according to the latest forecast by Gartner.
![Story image](../../../../../uploads/story/2023/09/11/preview_GettyImages-1202173043.webp)
ANZ contributing to $300 billion black hole in unused cloud
Mon, 11th Sep 2023
#
software development
#
it spending
#
investment
Australian and New Zealand companies are contributing to a US$320 billion cloud black hole as they struggle to activate investment commitments.
![Story image](../../../../../uploads/story/2023/09/01/preview_GettyImages-1132845036__1_.webp)
Just 6% of Australian tech budgets spent on innovation
Fri, 1st Sep 2023
#
ai agents
#
productivity
#
it spending
Just six per cent of new funding to be spent on innovation, hindering Australia's ability to make productivity gains.
![Story image](../../../../../uploads/story/2023/07/07/preview_GettyImages-1467790914__1_.webp)
Public cloud services revenues surpass $500 billion in 2022
Fri, 7th Jul 2023
#
public cloud
#
cloud services
#
it spending
Most organisations rank their public cloud provider as their most strategic technology partner, with general agreement among IT leaders and business leaders.
![Story image](../../../../../uploads/story/2023/06/23/preview_GettyImages-1136530201.webp)
Enterprise leaders encouraged to take 'immediate action' of SaaS portfolios
Fri, 23rd Jun 2023
#
saas
#
data governance
#
it spending
Productiv has unveiled its 2023 State of SaaS Series which indicates enterprise leaders need to take immediate action to rationalise their SaaS portfolios.
![Story image](../../../../../uploads/story/2023/06/21/preview_GettyImages-1408189843.webp)
Worldwide IoT spending to surpass $1 trillion in 2026 - IDC
Wed, 21st Jun 2023
#
iot
#
idc
#
it spending
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.
![Story image](../../../../../uploads/story/2023/06/21/preview_GettyImages-494940062.webp)
Software spend set to grow 13.5% in 2023 - Gartner report
Wed, 21st Jun 2023
#
software
#
it spending
#
gartner
Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.
![Story image](../../../../../uploads/story/2023/06/13/preview_GettyImages-1351353564.webp)
More action needed to plug critical gaps in cybersecurity
Tue, 13th Jun 2023
#
power / energy
#
cybersecurity
#
it spending
Energy industry boosts cyber security spending as concerns over vulnerabilities to cyber threats rise, according to DNV research.