items tagged with Economy

In the midst of the world financial crisis, green IT still remains a top priority on the IT agenda of governments and is growing in importance for the public sector, according to a report released by Ovum after the recent G20 summit in London.

Hewlett Packard outstripped IBM in revenue in the fourth quarter of last year despite the global economic downturn with particularly strong demand for its products in the US market, according to the latest business benchmark study by research firm, Technology Business Research (TBR).

Just two weeks to the day after attacking the federal government for overlooking the ICT industry as a critical source of economic stimulus and growth for Australia’s economy, the ACS has joined the chorus of those welcoming the government’s NBN decision but with a cautionary reminder that it’s by no means all of what’s needed to kick along Australia’s digital economy.

In the midst of doom and gloom, mobile broadband has proven to be Australia's beacon of light, with the market doubling in the past year to more than $1 billion.

Telstra seems to be going all out to try to project an image of a company that is all caring and concerned about Australia’s thousands of small businesses doing it tough in difficult economic times, with two announcements in as many days about new services for those struggling businesses.

As the economic crisis continues, reducing the cost of IT operations is a key consideration for many European organisations, with decision makers actively addressing the issue and looking for ways to improve cost effectiveness.

Telstra has today opened the first of 67 new business centres around Australia where it says it will provide local face-to-face help for small businesses faced with the difficulties of the economic downturn.

A new report released today warns that the state of the global financial services industry, in the current world economic downturn, could increase the risk of potential internal and external fraud attempts in the world’s banks.

Undeterred by current economic conditions, Extend Technologies has expanded its business into Western Australia, adding a new SAP partner for local organisations in the mid-to-large enterprise space.

The ACS has attacked the federal government for overlooking the ICT industry as a critical source of economic stimulus and growth for Australia’s economy and called on the government to give a dedicated commitment to a national strategy on the development of the industry.

As the economic climate hits a new low, one of Australia’s business incubator groups reckons that as businesses scale down we’re likely to see more of what they call ‘forced entrepreneurship’, where those employees made redundant seize the opportunity to put a long held new business idea into practice.

If you want to retain your IT marketing budget in the current tough economic climate, as well as enhance your own credibility as a marketer, then you better step up to the plate and ensure your marketing efforts are measurable and contribute to your organisation’s overall financial health.

Almost daily there’s more news about the devastating impact the worldwide economic downturn is having on all business sectors, including the technology industry where the latest report reveals a big drop in mobile phone shipments.

BMC Software, with worldwide revenues of $1.86 billion, is boosting its business development efforts in the Australian and New Zealand markets and says it’s confident of growth in its Australian business despite the tough economic conditions.

After twenty-seven quarters of steady growth there’s now been a damaging decline in server shipments in the Asia Pacific region, down 5.8 percent year-on-year, and with a major impact on revenues across the main five APAC sub regions.

When the going gets tough the tough get going, and no more than at the moment as all sectors of business and industry, including the technology sector, face a much tougher job marketing and selling their products and services as the economic downturn bites deeper.

The tough economic conditions have slowed growth in ICT vertical markets in Australia with IDC today revising its forecasts down and now predicting the industry will reach a value of $46,939 million by 2012, not $47,830 million as forecast last year. But, there’s some upside on the horizon, with government forecasted to experience the fastest increase in ICT investment in the next few years as it acts to stimulate the economy.