IT budget news stories
$20m boost for digital technologies announced
The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.
Logistics leaders expect outsourcing budgets to increase
New research from Gartner reveals that 66% of logistics leaders increased their logistics outsourcing budget in 2021, and 74% anticipate an increase in the next two years.
IT budgets set to boom over next 12 months - research
IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.
85% of Australian tech leaders say digital transformation demand outstrips IT budget growth
Australian IT teams are losing control of digital infrastructure as non-IT business units take the lead in developing most of the applications that they use.
Webinar: Recession-proofing 101: How to take control of your IT strategy
Businesseses needed to think on their feet if they were to survive. For many, it meant cutting costs any way they could.
Cybersecurity budgets still not keeping up with threats — report
Executive teams are failing to recognise the level of damage cyber-threats pose to organisations, according to Sophos — many of them taking a ‘conservative approach’ to cybersecurity expenditure.
The top 10 trends shaping budgeting, planning and forecasting in 2021
For those still grappling with getting their budgeting, planning, and forecasting processes operating efficiently and effectively, ten key trends need to be considered, writes Board International country manager for A/NZ Nic Dennis.
It decision makers look to increase budget, cloud migration top priority
“Companies recognise that it’s critical to migrate their data to the cloud."
Gartner: A/NZ organisations increased investment in digital innovation during COVID
Two-thirds expect digital investment to increase further in 2021, despite flat IT budgets.
US-China trade war a ‘double-edged sword’ for ICT spending
The trade war, among other factors, is set to negatively impact global ICT spending but the market will still experience positive growth.
IT security teams suffering an 'image problem'
Security professionals feel like they are perceived as ‘policemen’, and 13% say they experience negativity from colleagues all the time.
Gartner CIO survey: enterprises are entering third IT era
“CIOs should use their financial resources to make 2019 a transformative year for their businesses.”
IT struggling with increased roles and limited budgets
With digital transformation rife, IT departments around the globe are being forced to do more with the same resources.
ESET survey: Lack of funding a major problem for Japan SMBs
"Businesses which do not see cybersecurity measures as a priority can be extremely vulnerable to cybercriminals."
Internet of Things
IT spending by AU educational institutions to exceed US$1.6b
Educational institutions in Australia are loosening the purse strings in a move the IDC says is in response to ‘dramatic changes' in student demands.
Internet of Things
Golden times for channel as Indian enterprises increase ICT budgets
A whopping 85 percent of survey respondents reported being willing to increase their ICT budgets in 2017, compared to 75 percent in 2016.
Government CIOs spending 21% of IT budget on digital initiatives - tipped to grow
A global Gartner survey has made some interesting revelations, including the average IT budget amongst all IT industries - and where it should be.
LogRhythm report casts damning eye on enterprise security tactics
LogRhythm’s latest cyber resiliency report casts a damning look into the state of Asia Pacific organisations in Asia Pacific.
India Union Budget 2017: Here’s what three business leaders think
Every year, citizens of India wait with bated for the announcement of the country’s budget - here's what three business leaders think.
Global IT spending increases – opportunities for vendors to continue
Global IT spending is forecast to reach nearly $2.4 trillion USD in 2017, representing an increase of 3.5 percent over 2016.
Queensland Govt investing $180 million into IT and digital innovation
The Queensland Government's 2016 budget has introduced $180 million worth of a number of innovation and digital expansion benefits for businesses.
NZ Govt invests $22.2 million into cyber security
“Our national CERT will be a key piece of New Zealand’s cyber security architecture. It will be the central place for businesses to go for help."
Small and Medium Enterprise / SME
SMEs need to up their security game or risk becoming a target
“It will be interesting to look at these numbers in a year’s time and see whether the SMEs are stepping up their security spend, and why."
Disaster recovery: No longer just a 'nice to have'
According to Gartner, the average cost of business systems and network downtime is $5,600 per minute, which equates to $336,000 per hour.