IT Budget stories - Page 2

A survey reveals organisations spend 49% of cloud storage bills on fees like data access, hindering business and causing budget overruns in 2024.

A new report reveals that while 87% of executives acknowledge the need for responsible AI, 85% admit they lack proper preparation to implement it.

Australian organisations are grappling with complexity in cyber security, as 70% feel AI is outpacing their defenses amid rising AI-generated threats.

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

A recent study reveals that 64% of Australian businesses hit by ransomware attacks had to suspend operations, highlighting severe vulnerabilities in the sector.

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

Vectra AI has launched the Vectra AI Scholars Programme to tackle the cybersecurity skills shortage, inviting students globally to innovate using AI against cyber threats.

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.

Vectra AI's 2025 predictions highlight the critical role of AI in cybersecurity for Australia and New Zealand, emphasising the need for measurable outcomes.

Neat forecasts that by 2025, AI and 5G will significantly transform video collaboration, driven by a projected global IT spend of USD $5.74 trillion.

As 2025 nears, generative AI is poised to transform business operations in ANZ, with IT spending projected to hit AUD $147 billion, according to Cloudera.

A report from Cisco reveals that only 4% of Australian businesses are fully prepared to harness AI, highlighting urgent challenges in readiness.

Most organisations are onboard with the need to rightsize their cloud spend, but how can that be optimally achieved?.

New NIS2 directives are imposing hefty financial strains on EMEA firms, with 95% reallocating budgets to tackle compliance costs.

A new report reveals that 95% of UK finance leaders struggle with global spend management due to outdated systems, hindering business growth.

Datacom's latest Annual Cloud Report shows New Zealand businesses prioritising growth, with over 40% planning to boost cloud computing budgets this year.

Australia’s IT spending is poised to hit AUD $147 billion in 2025, up 8.7% from 2024, with cybersecurity, GenAI, and cloud investments driving the increase.

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

A new Accenture report has underscored the critical necessity for firms to establish a strong digital core to leverage technologies like generative AI.