IT Budget stories - Page 5

As 2025 nears, generative AI is poised to transform business operations in ANZ, with IT spending projected to hit AUD $147 billion, according to Cloudera.

A report from Cisco reveals that only 4% of Australian businesses are fully prepared to harness AI, highlighting urgent challenges in readiness.

Most organisations are onboard with the need to rightsize their cloud spend, but how can that be optimally achieved?.

New NIS2 directives are imposing hefty financial strains on EMEA firms, with 95% reallocating budgets to tackle compliance costs.

A new report reveals that 95% of UK finance leaders struggle with global spend management due to outdated systems, hindering business growth.

Datacom's latest Annual Cloud Report shows New Zealand businesses prioritising growth, with over 40% planning to boost cloud computing budgets this year.

Australia’s IT spending is poised to hit AUD $147 billion in 2025, up 8.7% from 2024, with cybersecurity, GenAI, and cloud investments driving the increase.

Enterprises are prioritising security over digital transformation as cybercrime's global cost approaches USD $9.5 trillion. Is crowdsourced security the answer?.

A new Accenture report has underscored the critical necessity for firms to establish a strong digital core to leverage technologies like generative AI.

A new report by Vultr reveals 72% of enterprises are advancing in AI adoption, correlating AI maturity with enhanced business performance across sectors.

Cloudflare's latest report warns that EU firms are dangerously unprepared for increasing cyber threats; only 29% feel equipped to defend against attacks.

Pegasystems reveals new research showing creative generative AI is driving the adoption of analytical AI decisioning tools among global enterprises.

In 2025, 70% of organisations prioritise SaaS security, forming dedicated teams despite economic pressures, reveals CSA and Adaptive Shield survey.

New research from Daisy Corporate Services shows two-thirds of UK businesses prioritising cost reduction, with nearly half citing rising costs as their primary concern.

In response to economic upheavals, 50% of boardroom leaders, particularly in the US and UK, have shrunk tech budgets over the past year.

Couchbase's new survey reveals a 27% rise in IT modernisation spending driven by AI, but 59% of businesses fear their data strategies are inadequate for GenAI demands.

Amidst growing cyber threats, Parliament's meagre GBP £6.5 million increase in IT budget, now totalling GBP £67.7 million, prompts national security worries among cybersecurity chiefs.

Extend unveils 'team budgets', a novel feature designed to enhance spend regulation, secure transactions and foster autonomy amongst finance leaders on its platform.

Talenza inaugurates Tranzformd and the Transformation Group for a new trajectory in Australian enterprise, merging talent, tech and strategy for effective business transformations.

Amid complexities in cloud adoption, comprehensive observability emerges as a key tool for businesses to manage cloud waste, optimise costs, and streamline their IT spending.