IT Budget stories - Page 5

From the finance department to human resources, optimised workflows are the number one way to stand out to their customers and meet business goals.

Global PC shipments continue to decline, falling 13.4% in 2Q23, marking the sixth consecutive quarter of contraction, according to IDC.

Most organisations rank their public cloud provider as their most strategic technology partner, with general agreement among IT leaders and business leaders.

Productiv has unveiled its 2023 State of SaaS Series which indicates enterprise leaders need to take immediate action to rationalise their SaaS portfolios.

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.

Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.

Energy industry boosts cyber security spending as concerns over vulnerabilities to cyber threats rise, according to DNV research.

IoT enterprise spending reached $201 billion in 2022, lower than predicted, but AI is expected to play a bigger role, says IoT Analytics.

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.

Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.

Procurement leaders are now beginning to understand the value and importance of data for strategic decision-making.

Dell APEX expands global reach, introduces new capabilities and delivers enhancements to support demanding workloads.

Akamai survey reveals varying levels of investment in cloud computing among businesses in Asia-Pacific, but overall acknowledgement of its importance.

In the face of economic turmoil, businesses are confronting the dual challenge of declining or stagnating cybersecurity budgets and escalating threats.

IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.

The increased complexity of IT infrastructure is a main factor driving cyber security spending for companies of all sizes.

The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.

Government IT spending to reach $588.9bn in 2023, with increased investment in digital services and improving citizen experience, says Gartner.

IT spending worldwide is expected to reach $4.6 trillion in 2023, up 5.1% from 2022, despite an uncertain economic outlook for consumers and businesses.