Displaying items by tag: IT spending

A number of indicators for IT spending backs forecasts that while 2020 may see a decrease in overall tech spending, there is scope for short-term investments by businesses as part of their response to the coronavirus pandemic.

Published in Development

Global market intelligence firm IDC has downgraded its forecast for IT spending in the Asia-Pacific region, excluding Japan and China (APEJC), from 5.2% growth, which it forecast in January, to 1.2% due to the impact of the coronavirus outbreak in the region.

Published in Development

Spending on technology products and services in Australia is forecast to total $93.7 billion this year - up 3 percent from 2018 - and to grow 4.6 percent to reach almost $98 billion in 2020, in contrast to a global slowdown in IT spending forecast by Gartner.

Published in Market

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