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IT Budget Stories - Page 7

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IT Budget stories

Banks double AI budgets but lag behind in data governance
Digital Transformation

Banks double AI budgets but lag behind in data governance

Banks are doubling AI budgets to 17% of IT spend by 2028, but only 20% have robust real-time data governance, reveals Tech Mahindra's global survey.

By Shannon Williams • 4 min read • Thu, 30th Oct 2025
Australian AI investment rises but most projects stall at pilot stage
Digital Transformation

Australian AI investment rises but most projects stall at pilot stage

Australian firms boost AI investment by 32%, yet 62% struggle to move beyond pilots amid rising pressure to prove results and tackle skill shortages.

By Sean Mitchell • 4 min read • Thu, 23rd Oct 2025
Global spending on GenAI smartphones to hit USD $298.2 billion
Generative AI

Global spending on GenAI smartphones to hit USD $298.2 billion

Global spending on generative AI smartphones is expected to reach USD $298.2 billion by 2025, making up 20% of total AI end-user expenditures.

By Melvin Hipolito • 3 min read • Wed, 10th Sep 2025
Hexaware & Replit launch Vibe Coding to boost no-code AI apps
Digital Transformation

Hexaware & Replit launch Vibe Coding to boost no-code AI apps

Hexaware and Replit launch Vibe Coding, enabling non-coders to develop secure AI-powered business software swiftly with robust enterprise governance.

By Catherine Knowles • 3 min read • Fri, 29th Aug 2025
Exclusive: Rimini Street backs CIOs in fight against vendor lock-in
Virtualisation

Exclusive: Rimini Street backs CIOs in fight against vendor lock-in

ANZ firms could save AUD $2.5 billion annually by switching to third-party IT support, freeing funds for AI and innovation amid rising vendor costs.

By Melania Watson • 5 min read • Mon, 25th Aug 2025
Aussie & NZ firms lack infrastructure for agentic AI drive
Digital Transformation

Aussie & NZ firms lack infrastructure for agentic AI drive

76% of Aussie and NZ firms invest in agentic AI, yet only 20% have the infrastructure to support its full adoption, Unisys reports.

By Sean Mitchell • 4 min read • Thu, 21st Aug 2025
Security budgets see slowest growth in five years, report finds
Advanced Persistent Threat Protection

Security budgets see slowest growth in five years, report finds

Security budget growth slows to 4% in 2025, the lowest in five years, amid economic volatility and staffing challenges, says IANS Research report.

By Shannon Williams • 4 min read • Thu, 7th Aug 2025
Forrester advises cautious tech budgets & AI investment for 2026
Data Analytics

Forrester advises cautious tech budgets & AI investment for 2026

Forrester urges tech leaders to plan cautiously for 2026, advising careful AI investment and flexible budgets amid ongoing economic uncertainty and regional shifts.

By Catherine Knowles • 4 min read • Fri, 18th Jul 2025
AI use rises but few see transformation as IT sourcing evolves
Digital Transformation

AI use rises but few see transformation as IT sourcing evolves

AI use nears 94% in UK and Ireland firms, yet full business transformation lags; IT outsourcing shifts as offshore activity and client demands grow.

By Jed Nykolle Harme • 5 min read • Wed, 2nd Jul 2025
Growing AI spend challenges firms as ROI confidence lags
Artificial Intelligence

Growing AI spend challenges firms as ROI confidence lags

CloudZero reveals AI spending in software firms is rising sharply, with budgets set to increase 36% in 2025 amid challenges in evaluating ROI and hiring talent.

By Shannon Williams • 3 min read • Fri, 23rd May 2025
Lack of employee skills threatens value of AI investments
EduTech

Lack of employee skills threatens value of AI investments

New research reveals that 92% of IT leaders warn lack of employee digital readiness risks undermining $644bn Generative AI investments worldwide.

By Catherine Knowles • 3 min read • Mon, 28th Apr 2025
Datadog to open first Australian data centre by mid-2025
Software-as-a-Service

Datadog to open first Australian data centre by mid-2025

Datadog plans its first data centre in Australia by mid-2025, responding to local privacy demands and expanding services to over 1,000 clients.

By Melania Watson • 3 min read • Thu, 3rd Apr 2025
ANZ cloud users pay highest fees as sustainability outranks cost
Storage

ANZ cloud users pay highest fees as sustainability outranks cost

Two-thirds of ANZ firms overspent on cloud storage in 2024 as sustainability gains priority, despite rising fees frustrating IT leaders and causing delays.

By Sean Mitchell • 4 min read • Wed, 12th Mar 2025

Stories from Other Regions

IT Budget stories

Australian IT teams confident in resilience but face AI gaps
EduTech

Australian IT teams confident in resilience but face AI gaps

Australian IT teams show strong confidence in operational resilience despite outage challenges, yet lag behind globally in AI readiness, says SolarWinds report.

By Catherine Knowles • 4 min read • Thu, 31st Jul 2025
Ingram Micro New Zealand sees earnings dip amid softer revenue in 2024
IT Budget

Ingram Micro New Zealand sees earnings dip amid softer revenue in 2024

Ingram Micro New Zealand's net profit fell 39% to NZ$9.1m in 2024, hurt by softer revenue and tighter margins amid a competitive IT hardware market.

By Melvin Hipolito • 3 min read • Wed, 2nd Jul 2025
OSG extends Rimini Street deal to 2029 to cut IT costs by 8%
Digital Transformation

OSG extends Rimini Street deal to 2029 to cut IT costs by 8%

OSG extends its deal with Rimini Street to 2029, cutting IT costs by 8% to boost factory automation and productivity initiatives.

By Catherine Knowles • 4 min read • Wed, 18th Jun 2025
Cisco reveals just 19% of NZ firms ready for AI uptake
Partner Programmes

Cisco reveals just 19% of NZ firms ready for AI uptake

A new report by Cisco reveals that just 19% of New Zealand organisations are fully prepared for AI technology, despite a surge in investment and urgency.

By Sean Mitchell • 3 min read • Tue, 8th Apr 2025