IT Budget stories - Page 5

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.

The Bank of England's IT spending has surged by 12% to £98.8m, eliciting criticism amid rising expenses on tech salaries and bonus payouts.

HMRC’s £80m spending on remote working tech over three years has sparked debate, evidencing a shift towards a 'couch potato culture', according to official figures.

AI is a powerful business tool, yet it carries potential risks. According to Immuta's 2024 Data Security Report, robust data governance is crucial to maintain security.

Infosecurity Europe reports a significant rise in cybersecurity budgets for 2024, with 69% of UK IT leaders expecting an increase, predominantly in cloud security and incident response.

Lack of digital adoption costs enterprises over $1.14m weekly, despite IT spend set to hit $5 trillion in 2024, finds WalkMe's annual report.