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News about IT spending
  • Study links IT spending to profits

    By Mitch Betts | 15 May, 2012 06:35

    Earlier academic studies didn't find a connection between IT spending and profits, but new research has a more upbeat conclusion: Investments in IT can have a positive effect on profitability--one even more pronounced than comparable spending on advertising.

  • Retail banking tech spending to hit $US30 billion: Ovum

    By Computerworld Staff | 17 January, 2012 12:02

    Retail banking technology spending in the Asia Pacific region is expected to increase by $US1.2 billion this year to reach $30 billion over the next five years, according to a new study by Ovum.

  • Mobility, cloud, analytics to reshape IT in 2012

    By Ann Bednarz | 03 January, 2012 22:30

    Despite some hopeful fits and starts, the U.S. economy didn't escape the doldrums in 2011. Unemployment remained stubbornly high, the U.S. debt-ceiling crisis and budget scuffles spurred more economic uncertainty, and Europe's ongoing financial problems threatened global markets. If there's an upside, at least it's familiar territory.

  • Corporate IT spending gets boost as hiring increases

    By Todd R. Weiss | 15 June, 2011 08:26

    The good news is right there on the balance sheets of some of the nation's largest and most influential IT companies: Their income and revenue are higher and growing again, and the effects are starting to be very noticeable across the U.S. tech industry.

  • Open source IT Dashboard tracks govt spending

    By Rodney Gedda | 05 April, 2011 15:25

    The United States Government has open sourced the IT Dashboard project, a Web-based application designed to track IT spending used by CIOs of government agencies.

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