IT Budget stories - Page 12

With digital transformation rife, IT departments around the globe are being forced to do more with the same resources.

Growth in enterprise IT spending on cloud-based offerings will be faster than growth in traditional, non-cloud IT offerings.

Gartner has released a new forecast of Australia and New Zealand's information security spending power between 2018 and 2019.

Global spending on 3D printing will hit USD $23 billion in 2022, driven by growing demand from new industries, predicts IDC's latest report.

While cybersecurity has now become a critical business function, it remains a non-core competence for a significant number of boards.

An IDC report shows that the market is on course for a growth of 3.7% this year, slightly down from last year's 4.2%.

Locally, Australian tech spending is forecast to grow 2.3% to reach A$84.5 billion in 2018, with NZ to reach NZ$12 billion.

APeJ spending on mobility solutions is expected to grow 5.3% year over year in 2018, reaching more than $540.7 billion.

New Zealand businesses are predicted to reach NZD$65 billion in capital formation in 2017, and set a new record of $70 billion in 2018.

Gartner forecasts a 4.5% rise in global IT spending to USD $3.7 trillion in 2018, driven by digital business, AI opportunities, and SaaS solutions.

Gartner predicts a 4.3% surge in global IT spend, expected to hit $3.7 trillion in a digital transformation wave.

Australian information security spend is expected to climb to $2.8b this year, with enterprise security services a key market.

IT spending across Australia and New Zealand is forecast to exceed the global average this year, with Australian spend up 3.7% yoy and NZ up 2.7%.

​Educational institutions in Australia are loosening the purse strings in a move the IDC says is in response to 'dramatic changes' in student demands.

A whopping 85 percent of survey respondents reported being willing to increase their ICT budgets in 2017, compared to 75 percent in 2016.

A new release from Gartner has forecast worldwide IT spending to jump 2.4 percent in 2017, but some segments are set to decline.

IDC is forecasting IT spend to rebound from the second half of 2017, so what technologies are on the up - and which are dragging the market down?.

Growth in hosting and cloud services spend will outpace total IT spend growth this year, with a survey also highlighting the value of specialisation.

A global Gartner survey has made some interesting revelations, including the average IT budget amongst all IT industries - and where it should be.

LogRhythm's latest cyber resiliency report casts a damning look into the state of Asia Pacific organisations in Asia Pacific.