Public cloud market booms, set to reach $1.35 trillion by 2027
Although annual spending growth is expected to slow slightly over the 2023-2027 forecast period, the market is forecast to achieve a five-year CAGR of 19.9%.
Spend pipelines: A key for organizations in looming downturn
Spend pipelines can deliver the data, systems, and workflow necessary to enable greater visibility and understanding of an organization's spending commitments.
55% of enterprises boost cloud spend despite challenges - HashiCorp
"This year's State of Cloud Strategy Survey showed meaningful differences between high-maturity organisations and low-maturity organisations."
98% IT leaders 'satisfied' with cloud transformation, but challenges remain
Aptum, a global provider of managed services and advisory & consulting services, has released part one of its annual Cloud Impact Study 2023 - Clear Skies Ahead: Avoiding Chaos in the Cloud.
Six ways to get your SaaS spend under control
Without the proper strategy and guardrails in place, SaaS costs can spin out of control, from duplicate subscriptions to wasted licence spending.
How can retailers become more recession resilient?
As we enter this period of economic turbulence and consumers look to reduce non-essential spending, retail is likely to be one of the sectors that’s hit the hardest.
Consumer habits transformed by COVID-19 and upcoming generations
"Pandemic driven behavioural changes, combined with the mainstreaming of the unique habits of Gen Z and Millennials, have given rise to the Future Consumer."
Differences in generations propelling huge changes in spending
IDC has revealed some dramatic shifts occurring in how different generations earn income, spend their money, and leverage technology to do both.
Three factors influencing growth in security spending
“The pandemic accelerated hybrid work and the shift to the cloud, challenging the CISO to secure an increasingly distributed enterprise."
Cloud cost-cutting is in vogue, but pitfalls abound
Something interesting is happening in cloud finance management, and the way to think about this is: there’s more than one way to skin the cloud costs problem.
Slower spending, turbulent economy to make 2023 planning difficult
Business leaders who plan for “business as usual" modest spending increases in the year ahead will fall short, according to Forrester.
Airwallex announces global expense management platform
Airwallex has announced the launch of its global Expenses platform, offering modern solutions for organisations to manage their expenses in a quick, seamless and straightforward manner.
IDC spending guide shows AI spending will double by 2025
According to a new IDC spending guide, U.S. spending on artificial intelligence solutions will double by 2025.
Why manual calculations are a CFO’s Achille’s heel
Accuracy and strong attention to detail are essential for finance professionals in order to perform well and to hold the respect of their peers.
Australian businesses are boosting their cyber security budgets
According to a new Accenture report, Australian businesses are boosting their cyber security budgets.
Public cloud computing spend to overtake traditional IT
Gartner finds that by 2025, 51% of IT spending will have shifted from traditional solutions to the public cloud, compared to 41% in 2022.
Gartner: Tech spending set to skyrocket in Australia for 2022
Overall spending on tech in Australia is forecast to grow 6.3% to reach A$111 billion in 2022, as analysed in Gartner's latest quarterly IT spending forecast update.
Mastercard: Digital resilience and experience spending key trends for 2022
Shifts in household savings, economic growth, leisure travel recovery and consumer spending on stuff versus experiences are in focus as businesses continue to move digital.
How retailers can accelerate their business through card-linked loyalty programs
Retail is a fast-growing sector, and most businesses leverage customer loyalty to compete more effectively.
IT budgets set to boom over next 12 months - research
IT directors expect a budget increase from their employer as companies play catch-up with projects put on hold during the COVID-19 pandemic.
APAC businesses unsure if cybersecurity defences are up to scratch
The cyber spend of Asia-Pacific businesses remains low at just 0.05% of their annual revenue.
IT spending to hit $4.2 trillion in 2021 — report
"CIOs are looking for partners who can think past the digital sprints of 2020 and be more intentional in their digital transformation efforts in 2021."
Double-digit growth ahead for smart home devices as consumers embrace home automation
"Sales of smart home devices have remained fairly resilient during the global COVID-19 pandemic."
Security and risk management spending in Australia to increase in 2021
Australian organisations will spend more than A$4.9 billion on enterprise information security and risk management products and services in 2021, according to the latest forecast by Gartner.