spending
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Blog
Australian IT Spending to Surge in 2025: Cybersecurity & AI Focus
New Gartner forecasting suggests that IT spending in Australia will surge 8.7% to AU$147 billion in 2025. This boost in spending is projected to be driven by a “perfect storm” of interest in AI, ongoing requirements around cyber security, and the need to refresh hardware as Windows 10 goes out of service, Gartner representatives say. Strategic investments in cyber security…
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Google is spending big on carbon capture technology – here’s why
Google has signed a carbon removal deal with direct air capture provider, Holocene, at the bargain price of $100 per ton. The tech giant revealed this is the lowest price on record for this technology, signalling a huge shift in the potential of the process in helping support environmental targets. Currently, carbon removal prices tend to amount to many hundreds…
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Cybersecurity spending is going to surge in 2025 – and AI threats are a key factor
Cybersecurity spending will continue rising in the year ahead amidst heightened concerns about the threat of AI, according to new research from Gartner. Research from the consultancy expects global information security end-user spending to reach $183.9 billion in 2024, rising by 15.1% to $212 billion in 2025. A key factor in this spending growth, Gartner said, is the continued adoption…
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Microsoft’s huge AI spending has investors worried – now the company is changing its financial reporting to highlight successes
Microsoft is reorganizing its results to better highlight AI gains in its business as investors keep a close watch on the costs of rolling out the technology. Last month, Microsoft posted its full year results, with revenue up 16% to more than $245 billion — but capital spending, largely on AI and cloud, also climbed by a whopping 77% to…
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Expect AI spending to more than double to $632B – Computerworld
The demand for AI platform software is expected to grow 40% a year over the next four years, rising from $27.9 billion in sales last year to $153 billion in 2028, according to an earlier IDC report. That report focused on the rapid pace by which AI platforms, such as Microsoft Azure AI, Amazon AI services, Google Cloud AI, and…
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