Technology spending enters a new build budget phase. Worldwide IT spending is projected to total USUS$4.2 trillion in 2021, an increase of 8.6 per cent from 2020, according to the latest forecast by Gartner, Inc. “Technology spending is entering a new build budget phase,” said John-David Lovelock, distinguished research vice president…
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Singapore seeks digital innovations to bring a stronger economy
Heng Swee Keat Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance of Singapore delivered the country’s budget for 2021 financial year. Budget 2021: Emerging Stronger Together sets out the Government’s plans to continue to tackle our immediate challenges, and build a stronger Singapore that is economically…
Read MoreWhere CIOs will prioritise spending in 2021
Accelerated digital transformation abated COVID-19’s negative effect on IT spending. Worldwide IT spending is projected to total US$3.9 trillion in 2021, an increase of 6.2 per cent from 2020, according to the latest forecast by Gartner, Inc. Worldwide IT spending declined 3.2 per cent in 2020 as CIOs prioritized spending…
Read MoreDigitisation and innovation at the heart of Australian Govt budget
Australia’s Budget pushes digitalisation to drive economic recovery Australia’s peak industry representative body for innovation technology, the Australian Information Industry Association (AIIA), welcomed the Federal Government’s Budget as an important milestone to achieve a globally competitive and leading digital economy. In an historic development, the Federal Budget will deliver major billion-dollar investments…
Read MoreSingapore Budget 2020 offers tech opportunities and challenges
Singapore Deputy Prime Minister and Finance Minister Heng Swee Keat signals country as “global-Asia node of technology, innovation and enterprise in 2020 budget In his release of Singapore’s Budget 2020, Deputy Prime Minister and Finance Minister Heng Swee Keat said structural changes in the country bring both opportunities and challenges.…
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