spending
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DHSC eyes infrastructure overhaul amid £114 million IT spending boost
The Department for Health and Social Care (DHSC) will spend £114 million on IT infrastructure upgrades, new figures show. Using data retrieved under a Freedom of Information (FOI) request, the Parliament Street thinktank found the DHSC will increase budgets and staffing figures as part of an ongoing NHS restructuring in the UK. Parliament Street’s analysis also revealed that the IT…
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Global security spending continues to rise
Rising cyber crime and a surge in AI-powered threats is fueling a rise in security spending around the world, according to analysis from IDC. The consultancy’s Worldwide Security Spending Guide shows global security spending is expected to grow by 12.2% this year, and to hit $377 billion by 2028. The bulk of this spending (70%) will be in the US…
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Safety of Food Supply Threatened by FDA Spending Freeze
Food safety experts in and outside the agency agree that the food program’s budget was already inadequate to carry out the amount of oversight required even before the new administration took over this year. Indeed, some of the budget cuts to outbreak rapid response teams now going into effect were first proposed under the previous administration’s FDA, says Steven Mandernach,…
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Conversational AI spending is going to skyrocket this year – here’s why
The growth in the use of conversational AI shows no sign of slowing, according to new research, driven by enterprise spending on agentic AI for services. Analysis from Juniper Research shows that global revenue from conversational AI services is set to grow from $14.6 billion in 2025 to more than $23 billion by 2027. Behind much of this growth, Juniper…
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Enterprises are set to waste $44.5 billion on needless cloud spending this year – the growing disconnect between FinOps and engineering teams is a key factor
Enterprises could waste up to $44.5 billion in cloud spending this year as a rift between engineering and FinOps teams hampers cost efficiency, according to research from Harness. Enterprises estimate that 21% of their cloud infrastructure spend is wasted on underutilized resources, Harness found, with the majority of surveyed engineering staff putting this down to a disconnect between two key…
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What I Learned From Spending a Night Under the Stars
I was an adult with kids of my own before I camped outside for the first time. But when the time came, thanks to a tent with a transparent mesh top, I learned quite a bit as I lay there looking up at the night sky. 6 Darkness Isn’t as Dark as You First Think I grew up out in…
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Cloud spending projected to grow 19% this year on back of strong 2024
Cloud spending went from strength to strength in 2024, with enterprises globally ramping up investment – and Canalys expects more of the same in 2025. The analyst firm predicts that spending on global cloud infrastructure services will grow by 19% this year, following on from a strong 2024 Q4 that saw spending rise by 20% year-on-year to $86 billion. Spending…
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Cloud spending soars in financial services – but it’s not all plane sailing for another key European industry
The banking industry is ramping up cloud spending more than any other sector, according to new research, but other major sectors appear to be easing off the pedal. Analysis from IDC shows public cloud spending in Europe will hit a total of $221 billion this year and is expected to reach $373 billion by 2028 – marking a five-year compound…
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Enterprise tech spending to hit $4.9 trillion in 2025, driven by AI, cloud, and cybersecurity – Computerworld
North America is projected to experience a 6.1% increase in tech spending, with AI investments in financial services, retail, and media leading the way. Businesses in the US and Canada are accelerating cloud migration and cybersecurity initiatives, positioning the region at the forefront of enterprise IT innovation. The Asia-Pacific region is forecasted to grow by 5.6%, with China, India, Japan,…
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Microsoft promises more AI spending despite cloud cost stumble
Microsoft posted revenue and earnings growth in its latest quarterly results, but shares still tumbled after reporting higher than expected costs in its cloud segment. Microsoft posted second quarter revenue of $69.6bn, up 12%, while operating income hit $31.7bn, up 17%. Breaking down the results, Microsoft highlighted 14% growth in productivity and business processes. This included a 15% leap in…
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