IT Budget stories - Page 7

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

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.

Gartner predicts global robotic process automation (RPA) software revenue to reach US$2.9 billion in 2022, an increase of 19.5% from 2021.

As organisations shift towards extended detection and response (XDR), threat intelligence platforms offer crucial integrations for enhanced cybersecurity.

Gartner's latest report forecasts worldwide IT spending to reach US$4.5 trillion in 2022, an increase of 3% compared to 2021.

National warns that the cost of merging local councils' water service IT systems for three waters reforms may exceed $500m.

Spending on IoT products and services in Australia and New Zealand is set to exceed $16 billion in 2022, according to IDC.

A recent Xero study found ICT spending for NZ businesses has increased 25% compared to pre-pandemic levels, so how safe is accounting software?.

Apptio enhances product portfolio to support digital-first strategy and improve spending decisions, as demand for digital and cloud-based services grows.

Worldwide government IT spending is forecast to total $565.7 billion in 2022, an increase of 5% from 2021, according to Gartner.

The government is spending an extra $20m over four years on its plan to transform the digital technologies industry.

Syniti has introduced a completely cloud-based version of Advanced Data Migration, the first of a range of updates coming this year to its Knowledge Platform.

As backlogs continue to grow, pent-up demand bodes well for future growth as long as the economy stays healthy, and supply catches up to demand.

Asia Pacific IoT spending to grow by 9.6% in 2021, reaching $437bn by 2025, driven by location tracking and 5G deployment.

Two-thirds of logistics leaders increased their outsourcing budget this year, with 74% expecting further increases in the next two years, according to Gartner.

Software spending in Australia and New Zealand experienced double-digit growth in 1H2021, with cloud adoption leading the way, according to IDC analysts.

IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.

New Zealand's IT spending is set to reach NZ$14.7bn in 2022, with businesses shifting towards cloud services, says Gartner.

IT spending to reach $4.5tn in 2022, a 5.5% increase from 2021, as enterprises focus on building new technologies, according to Gartner.

More so than ever before, an organisation's ability to quickly pivot and ramp up or down spending priorities is essential.