CFOtech UK - Technology news for CFOs & financial decision-makers
United Kingdom

IT Budget Stories - Page 2

UK Stories

IT Budget stories

UK data centre sector doubts AI-ready infrastructure
Network Infrastructure

UK data centre sector doubts AI-ready infrastructure

Most operators fear the UK is unready for AI growth, with weak testing, ageing kit and outages exposing infrastructure gaps.

By Shannon Williams • 4 min read • Last month
UK SMEs could waste GBP £10,000 on unused software
Software-as-a-Service

UK SMEs could waste GBP £10,000 on unused software

Unused subscriptions may be draining UK SME budgets by as much as GBP £10,000 a year as software sprawl and price rises bite.

By Kaleah Salmon • 4 min read • Last month

Global Stories

IT Budget stories

Wasabi secures USD $250 million credit facility from Bain
Software-as-a-Service

Wasabi secures USD $250 million credit facility from Bain

The funding gives Wasabi room to expand storage capacity and global reach as demand rises for data-heavy AI workloads.

By Karen Joy Bacudo • 3 min read • Last month
Azul momentum surges as enterprise Java demand jumps
DevOps

Azul momentum surges as enterprise Java demand jumps

Enterprise buyers are turning to Azul to cut Java costs and risks, with finance, healthcare and telecoms driving a 43% bookings rise.

By Joseph Gabriel Lagonsin • 4 min read • Last month
SITA says fragmented data hinders aviation tech spend
Digital Transformation

SITA says fragmented data hinders aviation tech spend

Fragmented information is curbing aviation’s return on a USD $50.8 billion technology bill as delays, AI and security efforts suffer.

By Sean Mitchell • 4 min read • Last month
Auctor raises USD $20 million for software implementation
DevOps

Auctor raises USD $20 million for software implementation

The funding gives the New York-based startup backing to tackle costly enterprise software roll-outs that often run late and over budget.

By Sean Mitchell • 5 min read • Last month
Gigamon eyes AI-led surge in network observability
Virtualisation

Gigamon eyes AI-led surge in network observability

Rising AI and cloud traffic is pushing demand for tools that can spot threats and performance issues across hybrid networks, IDC says.

By Shannon Williams • 4 min read • Last month
Westcon-Comstor adds Cato to AWS Marketplace programme
Software-as-a-Service

Westcon-Comstor adds Cato to AWS Marketplace programme

Partners can now use existing AWS spend to procure Cato’s SASE platform through Westcon-Comstor, broadening access across EMEA.

By Catherine Knowles • 3 min read • Last month
CIOs learn on the go as AI pressure mounts at firms
Digital Transformation

CIOs learn on the go as AI pressure mounts at firms

Most technology leaders are still finding their feet as companies race to deploy AI despite skills gaps, data problems and compliance pressure.

By Joseph Gabriel Lagonsin • 4 min read • Last month
SoftwareOne unifies APAC direct businesses under one brand
Digital Transformation

SoftwareOne unifies APAC direct businesses under one brand

Customers in APAC will keep existing contracts and account teams as the combined direct business shifts to one SoftwareOne brand.

By Sean Mitchell • 4 min read • Last month
NTT Data warns AI demand is outpacing cloud maturity
Private Cloud

NTT Data warns AI demand is outpacing cloud maturity

Only 14% of organisations have reached top cloud maturity, leaving many AI projects at risk as spending lags behind demand.

By Sofiah Nichole Salivio • 4 min read • Mon, 30th Mar 2026

Stories from Other Regions

IT Budget stories

HPE South Pacific names interim boss after Matthews exit
Hybrid Cloud

HPE South Pacific names interim boss after Matthews exit

Continuity for customers and partners is HPE South Pacific’s priority as Anthony Sanelli steps in after Patrick Matthews leaves next month.

By Mark Tarre • 3 min read • Last month
Enterprise SSD prices jump 24% amid flash volatility
Storage

Enterprise SSD prices jump 24% amid flash volatility

Storage buyers face sharply higher bills, as a 25PB all-flash deployment could cost nearly USD $48.17 million over three years.

By Kaleah Salmon • 3 min read • Last month
US CFOs warn cloud costs are rising as AI budgets grow
Digital Transformation

US CFOs warn cloud costs are rising as AI budgets grow

Rising bills and AI demand are pushing cloud spending onto board agendas, with most finance chiefs worried about profits and waste.

By Karen Joy Bacudo • 4 min read • Last month
US SMBs use AI mainly for data analysis, schedules
Data Analytics

US SMBs use AI mainly for data analysis, schedules

Smaller firms are using artificial intelligence to cut admin time, with data analysis and scheduling topping the list of practical tasks.

By Sofiah Nichole Salivio • 3 min read • Last month
Lotte Rental extends Rimini Street deal to cut costs
Digital Transformation

Lotte Rental extends Rimini Street deal to cut costs

The South Korean vehicle rental group expects annual software support costs to fall by more than 50 per cent, freeing cash for AI and cloud projects.

By Mark Tarre • 4 min read • Last month
Bank of America rolls out AI meeting system for advisers
Digital Transformation

Bank of America rolls out AI meeting system for advisers

The roll-out could free advisers up to four hours per meeting, shifting wealth management time away from administration and towards clients.

By Karen Joy Bacudo • 4 min read • Sat, 28th Mar 2026