IT Budget stories - Page 4

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

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

A recent SolarWinds survey reveals that only 18% of public sector IT professionals believe their budgets meet their needs, intensifying financial strains globally.

Vectra AI has revealed its cybersecurity forecasts for 2025, highlighting AI's crucial role amid a projected USD $5.74 trillion global IT spend.

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

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

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

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.

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

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.

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.

2024 to usher in transformative data storage advancements pivotal for AI, with hard drive technology leaps delivering greater capacity and sustainability, fuelling a greener digital future.

Nutanix's report illuminates AI adoption strategies amongst enterprises, highlighting a skills gap in generative AI.

From the finance department to human resources, optimised workflows are the number one way to stand out to their customers and meet business goals.

Global PC shipments continue to decline, falling 13.4% in 2Q23, marking the sixth consecutive quarter of contraction, according to IDC.

Most organisations rank their public cloud provider as their most strategic technology partner, with general agreement among IT leaders and business leaders.

Productiv has unveiled its 2023 State of SaaS Series which indicates enterprise leaders need to take immediate action to rationalise their SaaS portfolios.

In spite of challenges including fragile post-pandemic supply chains, Asia Pacific tech spend will continue to grow by 6.8% to 7.3% per year from 2024 to 2027.

Akamai survey reveals varying levels of investment in cloud computing among businesses in Asia-Pacific, but overall acknowledgement of its importance.