A Motive For IT Spending
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SAN FRANCISCO - It&#39;s been a tough recession for tech spending and a tough summer for tech stocks. But a Texas software outfit might give investors a reason to get back in the market.
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Finance director notices a computer in his area that isn't being used, and he wants this pilot fish to get rid of it. What could be wrong with that plan?
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Is the chip giant bargain-shopping or just wasting money?
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There's little question that more and more storage and computing will move out into the cloud over time. The question--well, one of them anyway--is where the economic scale points lie.
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Savings to be spent caressing customer companies, apparently
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Security is a very big and growing tech business. Cumulative private and public sector security spending in the U.S. is forecast to exceed &#36;1 trillion over the coming decade. The punditocracy has analogized this post-Sept. 11 trend to Cold War-era military spending; homeland security will be a short-term economic stimulus but, ultimately, like military spending, a drag on the nation's domestic production.
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Small and mid-sized businesses (SMBs) still view cost-cutting as their primary reason for making enterprise software purchases. But customer acquisition and retention ranks second, and for that reason they will spend more on CRM functionality than any other enterprise software area this year, according to data gathered by Aberdeen Research.
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IT spending in Western Europe is lagging behind the rest of the world, according to figures unveiled at Gartner&#39;s annual Symposium IT Expo in Cannes this week.
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Are you spending too much or too little on this and that?
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With the economy slowly turning up, upgrading hardware has been on businesses radar in the past 12 months as their number two priority.
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Bye bye to Buy! Buy! Another day, another silly survey, this time claiming that nearly two million UK small businesses are "putting their data and productivity at risk by using old technology to run their business". Why? because they replace their PCs rarely or never, and miss out on all sorts of good things, such as happy staff, cheaper running costs, and smaller "footprints" and lower repair bills.â¦
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A recent UBS survey of chief information officers found corporate spending on industry standard servers would grow 17 per cent over 2004, compared with estimates for overall 2005 IT spending growth of about 5 per cent.
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Hint: It's not necessarily designed to save you money.
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The tech sector can't pop open the bubbly yet, since pink slips are flying and shipping jobs overseas is as en vogue as 1980s fashion trends. But there are signs of growth that give reason to at least put the champagne on ice, with PC sales rising and small businesses planning to plunk down serious cash on technology purchases, according to a new batch of studies.
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Concerns about a spending slowdown continue to make IT investors nervous.
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The software company's investments are showing some promise.
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After years of hearing that investing in IT was a smart strategic plan, business executives seem to have gotten the message, according to a new Gartner CIO survey released today -- but only when the dollars are going to technology efforts that have visible benefits for the bottom line, primarily externally facing initiatives involving customers or partners.