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IT Budget Stories - Page 7

Australian Stories

IT Budget stories

Ransomware hits Australian firms hard: 64% halt operations
Data Protection

Ransomware hits Australian firms hard: 64% halt operations

A recent study reveals that 64% of Australian businesses hit by ransomware attacks had to suspend operations, highlighting severe vulnerabilities in the sector.

By Melania Watson • 3 min read • Wed, 29th Jan 2025

Global Stories

IT Budget stories

Exclusive: Rimini Street backs CIOs in fight against vendor lock-in
Virtualisation

Exclusive: Rimini Street backs CIOs in fight against vendor lock-in

ANZ firms could save AUD $2.5 billion annually by switching to third-party IT support, freeing funds for AI and innovation amid rising vendor costs.

By Melania Watson • 5 min read • Mon, 25th Aug 2025
Aussie & NZ firms lack infrastructure for agentic AI drive
Digital Transformation

Aussie & NZ firms lack infrastructure for agentic AI drive

76% of Aussie and NZ firms invest in agentic AI, yet only 20% have the infrastructure to support its full adoption, Unisys reports.

By Sean Mitchell • 4 min read • Thu, 21st Aug 2025
Security budgets see slowest growth in five years, report finds
Advanced Persistent Threat Protection

Security budgets see slowest growth in five years, report finds

Security budget growth slows to 4% in 2025, the lowest in five years, amid economic volatility and staffing challenges, says IANS Research report.

By Shannon Williams • 4 min read • Thu, 7th Aug 2025
Forrester advises cautious tech budgets & AI investment for 2026
Data Analytics

Forrester advises cautious tech budgets & AI investment for 2026

Forrester urges tech leaders to plan cautiously for 2026, advising careful AI investment and flexible budgets amid ongoing economic uncertainty and regional shifts.

By Catherine Knowles • 4 min read • Fri, 18th Jul 2025
AI use rises but few see transformation as IT sourcing evolves
Digital Transformation

AI use rises but few see transformation as IT sourcing evolves

AI use nears 94% in UK and Ireland firms, yet full business transformation lags; IT outsourcing shifts as offshore activity and client demands grow.

By Jed Nykolle Harme • 5 min read • Wed, 2nd Jul 2025
Growing AI spend challenges firms as ROI confidence lags
Artificial Intelligence

Growing AI spend challenges firms as ROI confidence lags

CloudZero reveals AI spending in software firms is rising sharply, with budgets set to increase 36% in 2025 amid challenges in evaluating ROI and hiring talent.

By Shannon Williams • 3 min read • Fri, 23rd May 2025
Lack of employee skills threatens value of AI investments
EduTech

Lack of employee skills threatens value of AI investments

New research reveals that 92% of IT leaders warn lack of employee digital readiness risks undermining $644bn Generative AI investments worldwide.

By Catherine Knowles • 3 min read • Mon, 28th Apr 2025
Datadog to open first Australian data centre by mid-2025
Software-as-a-Service

Datadog to open first Australian data centre by mid-2025

Datadog plans its first data centre in Australia by mid-2025, responding to local privacy demands and expanding services to over 1,000 clients.

By Melania Watson • 3 min read • Thu, 3rd Apr 2025
ANZ cloud users pay highest fees as sustainability outranks cost
Storage

ANZ cloud users pay highest fees as sustainability outranks cost

Two-thirds of ANZ firms overspent on cloud storage in 2024 as sustainability gains priority, despite rising fees frustrating IT leaders and causing delays.

By Sean Mitchell • 4 min read • Wed, 12th Mar 2025
Cloud storage fees hit nearly half of bills, survey reveals
Storage

Cloud storage fees hit nearly half of bills, survey reveals

A survey reveals organisations spend 49% of cloud storage bills on fees like data access, hindering business and causing budget overruns in 2024.

By Sean Mitchell • 5 min read • Mon, 24th Feb 2025
Enterprises urged to enhance investment in responsible AI
Generative AI

Enterprises urged to enhance investment in responsible AI

A new report reveals that while 87% of executives acknowledge the need for responsible AI, 85% admit they lack proper preparation to implement it.

By Sean Mitchell • 3 min read • Thu, 13th Feb 2025
Cutting through complexity: How a unified approach can help safeguard IT systems
Digital Transformation

Cutting through complexity: How a unified approach can help safeguard IT systems

Australian organisations are grappling with complexity in cyber security, as 70% feel AI is outpacing their defenses amid rising AI-generated threats.

By Chase Doelling • 4 min read • Tue, 11th Feb 2025
Tech firms lag in CSRD audit readiness, says Semarchy survey
Partner Programmes

Tech firms lag in CSRD audit readiness, says Semarchy survey

A Semarchy study reveals only 16% of tech and professional services firms are audit-ready for the Corporate Sustainability Reporting Directive, raising data concerns.

By Shannon Williams • 3 min read • Thu, 6th Feb 2025
S&P Global forecasts a 9% rise in IT spending for 2025
Semiconductors

S&P Global forecasts a 9% rise in IT spending for 2025

S&P Global Ratings predicts a 9% surge in global IT spending by 2025, driven by AI investments in data centres and traditional hardware.

By Shannon Williams • 3 min read • Wed, 15th Jan 2025

Stories from Other Regions

IT Budget stories

OSG extends Rimini Street deal to 2029 to cut IT costs by 8%
Digital Transformation

OSG extends Rimini Street deal to 2029 to cut IT costs by 8%

OSG extends its deal with Rimini Street to 2029, cutting IT costs by 8% to boost factory automation and productivity initiatives.

By Catherine Knowles • 4 min read • Wed, 18th Jun 2025
Cisco reveals just 19% of NZ firms ready for AI uptake
Partner Programmes

Cisco reveals just 19% of NZ firms ready for AI uptake

A new report by Cisco reveals that just 19% of New Zealand organisations are fully prepared for AI technology, despite a surge in investment and urgency.

By Sean Mitchell • 3 min read • Tue, 8th Apr 2025