items tagged with Economy

VMware has stood up well against the economic tsunami sweeping the world with its revenues for the first quarter this year, compared to the same quarter in 2008, increasing by seven percent to US$470.3 million.

IT spending is falling dramatically around the world but in Australia many companies are defying the global trend and continuing to spend their hard earned cash on investment in IT infrastructure.

CA has boosted its sales effort in the Australian and New Zealand markets with new hirings, with the company predicting growth in its managed services business in the current economic climate.

Keeping a lid on IT spending during the current economic crisis is understandable and prudent business practice, but a new report out today warns that companies don’t really have the option of holding off technology investment for another year, and questions how they intend to survive without it.

Trans-Tasman telco Gotalk is claiming a cost saving ‘step change’ with the release of new technology for small and medium sized businesses which combines a standard PABX system with broadband VOIP.

There’s real concern amongst Australian consumers who do their shopping, make payments and undertake banking transactions online that the current economic crisis has increased the risk of their identity being stolen or that they will be the target of cyber criminals.

Stories abound day in day out on the damage the global economic crisis is doing to all industries and many businesses, but there’s a new report just out revealing that PC demand has remained relatively resilient in the face of this downturn compared to the last.

That devil of a Conficker worm that’s never far from the surface these days is likely to cause a significant increase in spam levels over the next three months, according to a report by yet another security firm that’s closely monitoring the worm’s exploits.

Major vendors who traditionally hold sway in the business intelligence and performance management software market are under increasing pressure to retain their marketshare from technologies like software-as-a-service (SaaP), pre-packaged appliances and open source.

Many Australians have apparently reacted to the current financial crisis by abandoning or limiting their use of credit and debit cards and are now using cash as a way to control their spending, according to a study by ATM manufacturer, NCR.

Microsoft’s sales of new software have taken a hefty hit from the economic downturn but the sheer size of the company’s existing share of the market, with its software installed on many millions of machines worldwide, has seen its revenues hold up well in a belt-tightening market.