Global IT spending growth slows as talent shortage bites
Worldwide spending on technology is set to hit US$4.5 trillion this year, rising by 3 per cent from 2021.
Worldwide spending on technology is set to hit US$4.5 trillion this year, rising by 3 per cent from 2021.
Australia's IT spending is showing "its strongest growth in a decade" as it's predicted to hit $109 billion in 2022.
Spending on IT across Australia and New Zealand is set to grow at a compounded rate of 2.5 per cent annually from now to 2025, with all sectors experiencing bumper growth except consumer.
Australia’s IT and technology spending is expected to reach almost $103 billion this year, rising by 6.4 per cent.
Australian banking and securities firms are set to spend $18.1 billion on technology products and services this year, slightly less than last year, according to analyst firm Gartner.
Investments in modern business intelligence (BI), augmented analytics and robotic process automation (RPA) will help drive IT spending in the banking and securities sector, according to Gartner.
Australian spending on IT products and services is expected to increase a further three per cent reaching $93.9 billion in 2019, according to Gartner's revised forecast.
Australians are expected to spend $83.1 billion in IT in 2017, predicts research firm Gartner.
Commonwealth Bank of Australia has reported that its IT services spend for the first half of 2017 has reached close to $1.2 billion.
IT spending by banking and securities firms in Australia is forecast to reach $14.8 billion in 2017, according to research and analyst firm, Gartner.
The telco sector will be one of the top industries for IT spending in the next 12 -18 months according to analyst firm, Ovum.
CIOs are spending more on IT, worrying most about security and privacy, and staying on the job a little longer, according to the latest data from the Society for Information Management (SIM).
Technology spent by Australian organisations outside the IT department is increasing, a CA Technologies study has found.
After years of maintenance-only spending, IT leaders are ready to invest. Find out which technologies - and which IT professionals - are pulling down the dough.
CIO spending and IT budgets are expected to shrink further in 2014, according to Kaseya.