IT Budget stories - Page 13

Local IT spend is tracking ahead of the global average with Gartner forecasting growth across all segments - except data centre systems.

Every year, citizens of India wait with bated for the announcement of the country's budget - here's what three business leaders think.

The industry analysts say while Japan is the largest market in the region, it is New Zealand that will have the highest growth rate in 2017.

Global IT spending is forecast to reach nearly $2.4 trillion USD in 2017, representing an increase of 3.5 percent over 2016.

Digital transformation will attain macroeconomic scale over the next three to four years and the channel will play a big part on the cloud front.

Local IT spend will continue to climb this year but while spend in some categories is increasing, others are falling. Gartner tells who wins and loses.

Organizations spending only 5.6% on IT security could still be vulnerable, says Gartner. Comparisons to average spending don't reveal enough about security.

Australian computer software spend has accounted for a record $3.75 billion in the third quarter. That amount is expected to grow rapidly next year.

According to IDC, SMBs will spend USD $564 billion on IT in 2016, growing to USD $668 billion by 2020, to stay competitive against larger enterprises.

While 2016 brought to light a number of massive data breaches, we have to be ready for more highly sophisticated and rapid attacks in 2017.

In the APeJ region, IDC forecasts tech spending in manufacturing will hit USD $36 billion by 2020, driven by industrial automation and efficiency gains.

VMWare's State of the Cloud Report has shown that decentralisation of IT spending is having a detrimental effect on Australian and global enterprises.

IT and Business Services revenues to exceed $1tn in 2018, says IDC forecast, with Asia Pacific set to have highest growth rate.

Gartner hails 'civilisation infrastructure' as IT's pinnacle, poised to transform society's fabric and business ecosystems in the next decade.

Government spending on IT in India will reach US $7.2 billion in 2016, a 2.4% increase compared to last year, new Gartner research has shown.

Positive momentum is on display in big industries where companies continue to invest in 3rd Platform solutions like cloud, mobility, and Big Data.

IT spending stagnates at $3.41 trillion in 2016, Gartner cites global currency shifts and Brexit anxieties impacting the market.

The World Economic Forum's Global Information Technology Report paints a rosy picture of Australia's ICT sector, placing it 18th out of 139 countries.

Increased IT spending is expected in the banking and security industries across mature Asia Pacific countries including Australia and New Zealand.

The Queensland Government's 2016 budget has introduced $180 million worth of a number of innovation and digital expansion benefits for businesses.