Economy stories - Page 3

Worldwide banking and investment services IT spending is forecast to reach $652.1bn in 2023, with software seeing the largest growth, according to Gartner.

In spite of challenges including fragile post-pandemic supply chains, Asia Pacific tech spend will continue to grow by 6.8% to 7.3% per year from 2024 to 2027.

Research shows that growth, powered by new services and industry sectors, comes at a cost to employee stress levels and well-being.

Growing digital ecosystems, increasing cybersecurity risk, fragmented regulations and economic challenges emphasise the need for holistic API security.

Global challenges like inflation and workforce scarcity and their local repercussions are testing the abilities of government CIOs.

Two-thirds of Australians fear they won't have enough money to retire, according to research from Findex. Baby Boomers are the least confident.

Lack of customer trust in banks, investment firms, and life insurers found in Asia Pacific, according to Forrester survey.

The Computer Aided Design (CAD) market continues to be driven by the needs of manufacturers in response to macroeconomic trends.

In businesses alone, cloud computing has resulted in a cumulative productivity benefit to the economy of $9.4 billion in the last five years.

The company has stated that what began as supply chain issues post-pandemic has evolved into severe inflation on a global scale.

Despite the predictions that tougher times are incoming, plenty of businesses are identifying opportunities to expand their range, reach and revenue.

IDC lowers its 2023 forecast for global IT spending for the fifth month in a row, as the weak economy takes its toll.

2023 will be a pivotal year for cloud computing with some of the key trends from previous years even more relevant due to the effects of the economic downturn.

Alternative data, which has revolutionized investing, provides valuable insights that should be acted upon quickly to gain an advantage.

World-class digital infrastructure will accelerate digital economy transformation in Malaysia and the wider ASEAN region.

Growing trends towards self-service and increasing demands for rapid delivery are causing many businesses to rethink the way they service their clients.

CFOs expect the impending recession, supply chain constraints and inflation to continue into 2023 and are feeling the impact across their organisations.

The economic impact of 'wrangling' messy data: brands lose revenue, customers, and marketing opportunities. Identity resolution is key.

Splunk in collaboration with the Enterprise Strategy Group, has released the Economic Impact of Data Innovation 2023, a global research report.

Most respondents believe data is important, 97% face challenges in using it effectively, and nearly half say it's not easy to use data to drive business impact.