Technology spending enters a new build budget phase. Worldwide IT spending is projected to total US$4.2 trillion in 2021, an increase of 8.6 per cent from 2020, according to the latest forecast by Gartner. “Technology spending is entering a new build budget phase,” said John-David Lovelock, distinguished research vice president at…
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Hong Kong’s Secretary for Innovation and Technology Xue Yongheng on the new measures in the field of innovation and technology in Hong Kong budget 2021. Innovation and technology is an important driving force for future economic development. The current government has invested more than 100 billion yuan to support the…
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Remote working and cyber attacks prompt further technology investments Entering 2020, investment in technology had remained at an all-time high; 55 per cent of technology leaders had received a budget increase, driven by the need for operational efficiencies, customer engagement and developing new products and services, states the recent 2020 Harvey…
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The supply chain of tech products have become complicated and require transparency. About two-thirds of B2B IT buyers have experienced vendor challenges during the global pandemic, states PROS in its latest research. According to its research buyers want vendors that offer digital purchasing and personalised pricing. These buyers want vendors…
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Organisations plan to increase spending by five per cent in 2020, to meet digital transformation needs. Organisations in Australia are turning their attention to business transformation to improve employee systems as the post-pandemic world increases the reliance on technology, according to a recent study from analyst firm Telsyte. The Telsyte…
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