Ford signals a reduction on electric vehicle spending, dropping plans for a EV SUV and postponing launch of EV pickup
TECHNOLOGY POWERING BUSINESS
News spending
Meta Declines On Heavy AI Spending Plans, Despite Strong Q1
Share price hit after Meta admits heavy AI spending plans, after posting strong first quarter financial results
Cruise Faces $1bn Spending Cut By Parent GM
Robotaxi firm Cruise faces tough 2024, after parent General Motors says it will halve spending on self-driving cars
Meta Shareholder Urges Job Cuts, Metaverse Spending Reduction
Investor says Meta has too many staff, and must reduce its hefty investment in metaverse tech in order to regain mojo
Google To Invest $9.5 Billion In US Offices, Data Centres In 2022
CEO Sundar Pichai confirms hefty spending plans for Google in 2022 in the United States, which includes new offices and data centres
Banking Sector Leads UK To Top Five In Security Spending This Year
Meanwhile, worldwide security staff shortages are set to drive spending on managed security services to £10.7bn in 2019
Gartner: Cloud Fuels Enterprise Software Spending Surge
Brexit and US-China trade tensions pose less of a threat than skills shortages, as businesses buy into the cloud and the Internet of Things
Enterprise Cloud Spending Boom Crowds Out Non-Cloud Tech Budgets
Research finds cloud spending surpassed £190bn last year, fuelled by cloud providers' heavy infrastructure investments
Public Ranks Digital NHS Services Last In Spending Study
Cancer care, staff retention and mental health considered most important for budget increase spending, with access to digital services at the bottom of the heap
Facebook’s Sandberg Admits ‘A Few’ Advertisers Have Paused Spending
Social network is 'systematically' looking at how people's data is used by others, and aims to be 'more restrictive'
Government Digital Service Saves £339m Of £3.3bn In 2015/16
GDS helped departments reduce costs by implementing spending controls and managing strategic ICT implementation, the government said
Gartner: Brexit Threatens Improved IT Spending Outlook
IT spending forecast to be flat this year according to Gartner, but that prediction assumes the UK will not exit the EU
Global IT Spending Set To Decline To £2.5 Trillion
Belt tightening? Data centre spending remains stable, but overall IT spending forecast to drop 0.5 percent according to Gartner
IT Security Spending To Reach £50bn, But Human Error Is Still Main Cause Of Data Loss
Spending on security set to grow, but pesky humans still main reason for data losses in organisations
Global IT Spending To Grow 3 Percent In 2014 – Gartner
Business software spending will grow faster than gadgets, says analyst
Global Security Market Worth £43Bn This Year
Security vendors are to benefit from the big growth in the security technology market going forward
Poll: Is Your IT Spending Going Up Or Down?
Is IT spending going up or down? We want to know!
IT Spending To Grow 4% In 2013
IT spending is set to grow this year, as business shift to the cloud, says Gartner
Gartner Raises Forecast For Public Cloud Services
The market for subscription web services is now expected to grow 19.6 percent this year to $109bn worldwide, with business processes a key market, according to Gartner
Gartner Blames US Dollar For Lower IT Spending Forecast
Gartner has lowered its IT spending forecast, but has blamed the strong US dollar rather than a spending slowdown
IDC: Tech Spending To Rise In 2012
IT spending grew by 5 percent in 2011 as businesses invested in infrastructure, new software and mobile devices
Study: Cloud To Drive Major IT Spend
Spending by public cloud service providers will grow at a sharp rate over the next few years, according to IDC
Tech Spending To Grow Despite Economic Worries
Forrester predicts that despite economic worries, tech spending will grow in 2011 but then slow in 2012
Government Recipe For IT Rip Offs Laid Bare
"Obscene" spending on government IT projects coined fortunes for a handful of IT suppliers, says PASC
Home Office To Create Police ICT Procurement Company
Home Secretary Theresa May is to create a company that specialises in IT procurement for the police
IBM: Medium-Sized Firms To Spend More On Cloud
An IBM report has found that medium-sized companies are planning to increase IT spending in 2011, with cloud technology to benefit
IT Spending Will Double To More Than £6bn by 2016
Hardware replacement, mobile devices, cyber-threats and cloud spending will exceed $10 billion in five years
UK Firms Maintain R&D Spend In Economic Downturn
The UK has cut research, but far less than other countries, says a government report