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IT Budget Stories - Page 13

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Threats surge as cybersecurity budgets are slashed
Advanced Persistent Threat Protection

Threats surge as cybersecurity budgets are slashed

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

By Shannon Williams • 5 min read • Thu, 6th Apr 2023
Global IT spending in 2023 continues to trend downward
IT Budget

Global IT spending in 2023 continues to trend downward

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

By Shannon Williams • 3 min read • Thu, 6th Apr 2023
Enterprise in APAC to increase IT security budgets
Cybersecurity

Enterprise in APAC to increase IT security budgets

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

By Shannon Williams • 3 min read • Thu, 9th Feb 2023
Global IoT market size set to grow 19% in 2023 – report
Internet of Things

Global IoT market size set to grow 19% in 2023 – report

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

By Shannon Williams • 6 min read • Thu, 9th Feb 2023
Australian software spending set to increase in 2023
Supply Chain

Australian software spending set to increase in 2023

Economic instability and a global pandemic have seen many businesses rapidly digitising and investing in various tech solutions.

By Shannon Williams • 3 min read • Fri, 27th Jan 2023
Projected 2.4% increase in Global IT spending in 2023
IT Budget

Projected 2.4% increase in Global IT spending in 2023

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

By Tom Raynel • 3 min read • Thu, 19th Jan 2023
Govt IT spending to hit $588.9 billion in 2023, up 6.8%
EduTech

Govt IT spending to hit $588.9 billion in 2023, up 6.8%

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

By Catherine Knowles • 2 min read • Thu, 29th Dec 2022
Delinea - 80% of US companies have had to use cyber insurance
Ransomware

Delinea - 80% of US companies have had to use cyber insurance

Delinea says this should come as a warning to APAC organisations, who should examine the U.S. experience to avoid similar issues.

By Mitchell Hageman • 3 min read • Fri, 25th Nov 2022
Aussie IT professionals more than double software investment in 2022
Software

Aussie IT professionals more than double software investment in 2022

Over half of Australian IT decision-makers increased their software budgets in 2022 despite economic challenges, with additional increases expected in 2023.

By Shannon Williams • 3 min read • Thu, 17th Nov 2022
Kaspersky highlights worrying security trend with SMBs
Small Business

Kaspersky highlights worrying security trend with SMBs

24% of companies with 50-999 employees are considering using pirated software to cut IT costs, warns Kaspersky report.

By Catherine Knowles • 3 min read • Thu, 27th Oct 2022
Gartner forecasts worldwide IT spending to grow 5.1% in 2023
Hyperscale

Gartner forecasts worldwide IT spending to grow 5.1% in 2023

Despite economic headwinds, IT spending in Australia and New Zealand is forecast to grow 6% next year as organisations push ahead with digital initiatives.

By Gaurav Sharma • 3 min read • Thu, 20th Oct 2022
Overcoming risk to achieve cloud without compromise
Multi-cloud

Overcoming risk to achieve cloud without compromise

To achieve cloud without compromise requires a shift in business mentality from cloud as a place to cloud as an operational model.

By Han Chon • 4 min read • Mon, 10th Oct 2022
Lancom Technology appoints Ben Walton as Head of Managed Services
Partner Programmes

Lancom Technology appoints Ben Walton as Head of Managed Services

Lancom Technology appoints Ben Walton to lead its IT services division, citing strong demand for managed services amid ongoing tech advancements.

By Zach Thompson • 2 min read • Fri, 9th Sep 2022
Gartner survey reveals delays in government tech purchases
Digital Transformation

Gartner survey reveals delays in government tech purchases

According to a survey by Gartner, at 22 months, the public sector has the longest average buying cycle for technology purchases compared to other industries.

By Gaurav Sharma • 3 min read • Thu, 8th Sep 2022

Stories from Other Regions

IT Budget stories

Projected 5.5% increase to New Zealand IT spending in 2023
Supply Chain

Projected 5.5% increase to New Zealand IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in New Zealand will grow 5.5% in 2023.

By Tom Raynel • 2 min read • Thu, 19th Jan 2023
Why observability is key to delivering core business goals in Asia
Software Development

Why observability is key to delivering core business goals in Asia

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.

By Peter Marelas • 5 min read • Thu, 22nd Dec 2022
New Zealand's tech sector's revenue and exports up 9%
Health Technologies

New Zealand's tech sector's revenue and exports up 9%

The top 31 companies earned more than NZD$100 million in revenue, with the top four generating more than $1 billion.

By Nona Pelletier • 2 min read • Fri, 18th Nov 2022