IT spending

News

• 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.

• Commbank IT modernisation spending tips $1.1b

  By Tim Lohman | 09 February, 2011 11:27

  The Commonwealth Bank (ASX:CBA) has flagged a “revised scope and costing” of its multi-year core banking modernisation program, tipping the scales at $1.1 billion.

• IT spending: CIOs explain their budget increases

  By Gary Beach | 30 September, 2010 07:32

  I have had fun the past few months traveling the country and sharing my "2011: A Return to a Growth Agenda" stump speech with CIOs and senior IT executives. I've also had the opportunity to talk with many of you in preparation for appearances on CNBC's "Squawk on the Street." You've had some interesting things to say about budgetary issues that I'd like to share as many of you are finalizing your 2011 budgets.

• IT spending continues to rise

  By Lauren Brousell | 29 September, 2010 07:09

  Over half of IT leaders plan to ramp up budgets in the coming year, with only 16 percent planning cuts. So says the latest CIO Economic Impact Survey, which polled over 250 IT leaders about their spending plans and business outlook at the end of the summer. The survey also indicates 64 percent plan to increase IT capital spending in the next year, up 8 percent from April.

• CommBank IT spend passes $1 billion

  By Renai LeMay | 11 August, 2010 14:56

  The Commonwealth Bank of Australia's technology spend rose 12 per cent over the past financial year to shoot past the $1 billion mark, with spending in almost all technology areas increasing.

• IT spending to rise 4.1% in 2010, Gartner says

  By Jon Brodkin | 19 May, 2010 05:42

  Worldwide enterprise IT spending across all industry markets will rise 4.1% this year, surpassing $US2.4 trillion for all of 2010, Gartner is predicting.

• Are Your Outsourcer's Prices Too Low?

  By Stephanie Overby | 11 March, 2010 07:40

  It's always a good idea to benchmark your outsourcer's prices periodically against the market. But what if you find that your IT service provider's rates are too low?

• Gartner predicts modest overall growth in IT spending

  By Jeremy Kirk | 22 January, 2010 06:45

  Gartner has revised its outlook for worldwide IT spending this year, predicting the industry as a whole will see 4.6 percent growth to $3.4 trillion, up from its previous prediction of 3.3 percent growth, according to its latest figures released Thursday.

• IT spending downturn is over - Forrester

  By Leo King | 14 January, 2010 07:20

  Businesses and the public sector will begin to spend more money on technology this year, according to analyst house Forrester.

• Forrester: Tech spending downturn is over

  By Chris Kanaracus | 13 January, 2010 02:37

  The worst is over for technology spending and the sector is set to rebound this year, according to a new report from Forrester Research.

• High Windows 7 satisfaction spurs corporate IT spending

  By Gregg Keizer | 24 December, 2009 22:39

  Windows 7, just two months on the market, is accelerating the pace of corporate computer buying, market research firm ChangeWave said.