IT Spending stories - Page 6
Opportunity awaits for tech spend despite COVID-19, says IDC
Thu, 16th Apr 2020
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it spending
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spending
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analyst report
Despite declines in tech spending due to COVID-19, IDC notes potential for increased short-term investments in cloud, AI, and IoT as firms adapt.
COVID-19: IT spending to decline further, says IDC
Fri, 3rd Apr 2020
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iaas
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it spending
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analyst report
IT spending across the globe will decline 2.7% this year as COVID-19 continues to take its hold on the world's economy, says IDC.
IDC: decline, not growth, for APAC IT spending
Thu, 26th Mar 2020
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it spending
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market research
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analyst report
The COVID-19 pandemic has hit the IT economy hard and IDC says that pessimistic scenarios are now playing out – and may get worse.
IDC: Global IT spending growth may drop as low as 1% for 2020
Thu, 12th Mar 2020
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it spending
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market research
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economic forecast
Depending on how the economic factors around COVID-19 play out, a pessimistic scenario would see spending growth nowhere near the 4.3% expected.
IT spending impacted by Coronavirus and declining PC sales, IDC finds
Thu, 13th Feb 2020
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datacentre infrastructure
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customers
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it spending
IT spending to increase in 2020, but PC sales and Coronavirus disruption will impact overall growth, says IDC Black Books.
Global IT set to reach $4 trillion, driven by SaaS
Fri, 17th Jan 2020
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saas
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it spending
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analyst report
Global IT spending is set to exceed $4 trillion in 2021 as businesses invest in IT amid economic and political stability, says Gartner.
GlobalData: ANZ security service spending set to skyrocket
Wed, 20th Nov 2019
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it spending
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spending
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mssp
ANZ's spending on security services is set to surge, with the Asia-Pacific MSS market projected to hit USD $20.2 billion by year-end, says GlobalData.
Worldwide spending on security products and services set to reach $151.2 billion in 2023
Thu, 7th Nov 2019
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cybersecurity
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it spending
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spending
Global spending on security products and services is predicted to hit $151.2bn by 2023, growing by 57% since 2018, according to a report by PreciseSecurity.com.
Gartner: ANZ still outstripping the globe on IT spending growth
Thu, 31st Oct 2019
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it services
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it spending
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market research
Australia and New Zealand are set to outpace global growth in IT spending according to Gartner, with notable increases in both countries forecasted for 2020.
Australian banking and securities IT spend to reach $18.5 billion
Tue, 29th Oct 2019
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data analytics
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martech
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planning
Australian banking and securities IT spending is set to grow 5.2% in 2020, driven by investments in BI, analytics, and RPA, says Gartner.
Xero data shows SMB growth linked to technology spend
Wed, 11th Sep 2019
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data analytics
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fintech
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martech
Australian small businesses that increase their investment in technology grow their revenue and create jobs faster than other businesses.
IDC: Commercial sector will lead ICT spending to $4.8 trillion in 2023
Fri, 16th Aug 2019
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it spending
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economic forecast
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analyst report
Despite global uncertainty and trade wars, IDC forecasts ICT spending to hit USD $4.8 trillion by 2023, led by the commercial sector with a 5.1% CAGR.
Federal Government inks cloud deal with Microsoft
Wed, 17th Jul 2019
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digital transformation
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microsoft
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cloud services
The deal accelerates transformation opportunity, invests in public sector skills, drives inclusion and leverages local investment.
Gartner: ANZ IT spending continues to outstrip global average
Fri, 12th Jul 2019
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cloud services
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pc market
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it spending
Australia will see a 3.1% increase in IT spending, while NZ should expect 2.3%. This is compared to global growth of just 0.6%.
Gartner: ANZ IT spending growth will surpass worldwide
Fri, 19th Apr 2019
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ai
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it services
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it spending
2019 IT spending is expected to grow 2.2% in New Zealand, and 3% in Australia, far exceeding the 1.1% global average.
Network security providers dominate cybersecurity - Canalys
Tue, 9th Apr 2019
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endpoint protection
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email security
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edr
Cisco, Palo Alto Networks and Fortinet, all with a strong focus on network security products, outperformed the market, recording strong double-digit growth.
Cybersecurity spend tops $37b, but still only a fraction of IT investment
Mon, 1st Apr 2019
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cybersecurity
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it spending
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analyst report
Despite soaring to USD $37 billion in 2018, cybersecurity spend only constitutes 2% of total IT investments, Canalys reports.
Digital spending to hit US$1.2 trillion by 2022
Mon, 25th Mar 2019
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iot
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partner programmes
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it services
A recent study by Zinnov shows that IoT spend reached US$201 billion in 2018 while outsourcing service providers generated $40 billion in revenue.
Worldwide spending on security to reach $103.1bil in 2019 - IDC
Thu, 21st Mar 2019
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firewalls
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network infrastructure
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endpoint protection
Global security spending is set to hit USD $103.1 billion in 2019, up 9.4% from 2017, driven by industries like banking and government, says IDC.
IDC: ANZ second highest APAC IoT spenders per capita
Thu, 14th Feb 2019
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uc
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iot
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industrial iot
New IDC forecast expects the Internet of Things spending in Asia/Pacific excluding Japan to reach US$381.8 Billion by 2022.