IT Budget stories
Top Down Ventures closes oversubscribed USD $28 million fund backing AI-native software start-ups for managed service providers.
Skills shortages and uneven adoption could slow UK and Ireland IT providers as AI services become the main growth bet over two years.
The move strengthens Fastly's push for more enterprise and public sector spending in Australia and New Zealand as competition intensifies.
The deal gives employers a single place to curb waste from software renewals and shelfware as AI subscriptions add to IT spending.
Higher AI returns appear to hinge on redesigning jobs and skills, as Gartner found layoffs alone did not boost investment performance.
The ranking highlights growing demand for governed AI tools in regulated sectors, where document control and auditability are becoming critical.
Most enterprises are still unable to link AI spending to business gains, with 87% investing faster than they can show results.
The deal aims to lower total cost of ownership for Azure Virtual Desktop users by linking cloud automation with cheaper endpoint management.
Businesses running AI workloads on Kubernetes are wasting costly graphics processors, with Cast AI finding average GPU utilisation of just 5%.
The funding gives Wasabi room to expand storage capacity and global reach as demand rises for data-heavy AI workloads.
Enterprise buyers are turning to Azul to cut Java costs and risks, with finance, healthcare and telecoms driving a 43% bookings rise.
Fragmented information is curbing aviation’s return on a USD $50.8 billion technology bill as delays, AI and security efforts suffer.
The funding gives the New York-based startup backing to tackle costly enterprise software roll-outs that often run late and over budget.
AI workloads and cost controls are set to push Australian public cloud spending up 17.9% to AUD $33.6 billion in 2026.
Recognition comes as more buyers scrutinise IT spending and waste, with Sumillion saying sustainable procurement can cut both costs and emissions.
Log bills are rising fast as cloud-native systems swamp legacy tools and drag incident resolution, and Australian firms are paying over USD $1 million a year.
The deal strengthens Celerity's FinOps and secrets management offer as more businesses seek fewer suppliers for hybrid cloud control.
Inflation is forcing smaller firms to trim tech spend, but security tools are still seen as worth the cost amid costly breach risks.
Most operators fear the UK is unready for AI growth, with weak testing, ageing kit and outages exposing infrastructure gaps.
Continuity for customers and partners is HPE South Pacific’s priority as Anthony Sanelli steps in after Patrick Matthews leaves next month.
