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Posts Tagged ‘spending’
IBM Reports Most SMBs Upping Their IT Spending for 2011
Small and midsize businesses are planning 2011 investments in business analytics, cloud computing, collaboration, mobility and customer-relationship packages. – Study after study has been released lately talking about trends in
future IT spending. Most of the ones eWEEK has seen are optimistic in
outlook for 2011, following challenging years in 2008 and 2009 and an
even-keeled 2010.
IBM joined the bullish-thinking crowd Jan. 14 with a report of its ow…
Network-Security Spending to Double to More than $10B by 2016: Analysts
Thanks to the economic recovery, hardware replacement programs, mobile devices, sophisticated cyber-threats and changing technology, such as cloud computing, network security spending will exceed $10 billion in five years, analysts said. – Global network and data-security spending will exceed $10
billion by 2016, according to a market forecast from ABI Research, announced on
Jan. 10.
Spending on secure routers, unified threat-management
appliances, VPNs, network-access control, firewalls and
intrusion detection/prevention systems…
PCI DSS Spending to Rise as Businesses Buy In: Survey
During the past several years, the Payment Card Industry Data Security Standard& or PCI DSS& has in some ways stood out as a model of industry self-regulation. Born from internal standards from American Express, MasterCard, Visa, Discover and the Japan Credit Bureau, PCI DSS was synthesized together to align the policies of the payment card industry in order to prevent credit card fraud. In the past several years, the standard has undergone its share of changes, culminating with the recent release of PCI DSS 2.0. While passing a PCI DSS checklist should not be taken as evidence that security is foolproof, it is also true that an analysis released by Verizon in October 2010 found breached organizations are 50 percent less likely to be compliant than a normal population of clients using its PCI assessment service. But all roses have thorns. In a Cisco-sponsored survey, InsightExpress questioned 500 IT decision makers about PCI DSS, offering a window into some of the challenges and costs associated with compliance as well as what technologies they are adopting to meet those requirements. Some of the answers may surprise you. – …
Forrester, Gartner Forecast Higher IT Spending but Lower PC Sales in 2011
Global IT spending is due to increase in 2011, even as hardware sales decline because of a strong growth in software and mobile devices, according to Forrester Research and Gartner. – Global IT spending is expected to grow overall in 2011,
according to two different analyst reports. However, both Gartner and Forrester
analysts said spending in the PC segment will be impacted the increasing
popularity of tablets and smartphones.
Global IT spending will grow 7.1 percent to $1.7…
Online Holiday Spending Reaches $36.4 Billion: Report
There were six days in the 2010 season that surpassed $1 billion in sales, according to the MasterCard Advisors’ report. – MasterCard Advisors SpendingPulse, a macroeconomic report tracking
national retail and services sales, provided summary results for
e-commerce sales over the full 2010 holiday shopping season. During the
period Oct. 31 to Dec. 24, U.S. consumers spent an estimated
$36.4 billion, a 15.4 percent y…
Apple iPad Helping Drive Holiday Hardware Spending: comScore
Apple’s iPad is helping drive consumer holiday spending on computer hardware, according to a new note from research firm comScore. – Apples iPad is helping drive consumers holiday spending on
computer hardware, according to a new note from research firm comScore.
That news comes as relatively unsurprising, given the iPads
robust sales throughout the majority of 2010. However, the overall growth in
hardware spending bodes wel…
Irregularities in 2009 budget spending
The State Auditing Institution (DRI) has found numerous irregularities in the spending of the 2009 budget and even violations of the law in some cases. An inspection of the final budget balance for 2009 included around 70 percent of budget expenditures and looked into the spending of seven ministries, the Treasury Administration and the National Bank of Serbia, in the section related to budget handling.
Cloud Computing Could Reduce Data Center Energy Spending by 38% by 2020
Pike Research, a clean technology market research firm, projects that cloud computing could help shave data center energy spending by 38 percent by 2020. – The efficiencies provided by cloud computing could reduce global data center
energy costs by up to 38 percent by 2020, analysts say.
According to a new report from Pike Research, the energy efficiency benefits of cloud
computing are substantial, and growth in the market will have important
impli…
Cyber Monday Spending Rose in 2010: ComScore
Cyber Monday 2010 saw a noticeable jump in shopping dollars over 2009, according to new data from research firm comScore. – E-commerce spending rose on Cyber Monday 2010, in what analyst firm comScore termed the “heaviest online spending day in history.”
Created in 2005 as a marketing buzzword, “Cyber Monday” denotes the Monday following Thanksgiving, when holiday shoppers supposedly use their return to work and presum…
STX OSV to Double Brazil Output on Petrobras Spending: Update 2
The offshore-vessel maker will begin production at a second yard in Pernambuco, northeast Brazil in 2012 and begin deliveries the following year, Chief Executive Officer Roy Reite said in a Nov. 12 interview. Alesund, Norway-based STX OSV has orders for eight ships to be built at the new facility.
STX OSV to double Brazil output on Petrobras spending : Update
The builder of rig-support vessels intends to construct a second yard in Pernambuco, northeast Brazil, which will start production in 2012 and begin deliveries the following year, Chief Executive Officer Roy Reite said in a Nov. 12 interview. The company has orders for eight ships to be built at the new facility.
Mobile Internet Equipment Spending Increases: Report
Apple’s iPhone and other smartphones are driving growth in mobile Internet equipment spending, a Synergy report finds. – Synergy Research Group announces the launch of its quarterly Mobile Internet tracking service with the publication of its Q2 2010 Market Share report. The report highlights robust growth for IP Equipment sales that provide the infrastructure to enable mobile operators to manage the rapid rise in Int…
Why Is Unemployment Rising?
Today’s unemployment numbers are bad. See this and this.Why is unemployment rising? Because the government is doing everything wrong.One definition of insanity is doing the same thing again and again and expecting different results. Unless the gover…
IT Spending Plans Up Among Small Businesses: Report
A survey of IT managers in the U.S. finds 42 percent of IT budgets for the year are allocated to hardware purchases. – Planned IT spending by small to medium-size businesses is on
the rise for the second half of the year, according to a survey by IT
management application developer Spiceworks. Overall, IT budgets are up
an additional four percent from the first half of 2010. The findings
were uncovered in the se…
Enterprise Software Spending Will Increase Globally by 2014: Gartner
Research firm Gartner predicts that worldwide enterprise software spending will increase through 2014. Despite that increase, though, North American spending is expected to slow by the end of 2010. – The worldwide market for enterprise software will increase
over the next year, as businesses begin to refresh their hardware and software
in the wake of the massive global recession. That prediction, in a Sept. 20
research note from Gartner, also suggests that enterprise-software spending in
Nor…
Small Businesses to Increase Spending on Web Conferencing, Report Finds
An AMI-Partners report finds small businesses are increasingly employing Web conferencing technology–and sticking to low-quality but free services. – A report from IT research firm AMI-Partners
found small businesses (firms with less than 100 employees) in the United
States are increasingly using Web conferencing
solutions like GoToMeeting, LiveMeeting and WebEx.
According to the report, nearly half of U.S.
small businesses are using Web co…
America’s Top Military Chief: Debt is Main Threat to U.S. National Security … Pentagon Must Cut Spending
In February 2009, the head of U.S. intelligence – Dennis Blair – said that the global financial crisis was the largest threat to America’s national security. All of America’s intelligence agencies apparently agreed.The same month, the chairman of the …
IT Spending Will Rise, but So Will Employee Dissatisfaction
More money for new technologies and projects may not be enough to keep employees engaged and in their jobs. Employees are dissatisfied with their work and are willing to jump ship at consistently higher rates, reports show. – IT
executives, along with finance and operations management, are more confident
about investing and spending for the remainder of 2010, yet many business
leaders believe growth and overall economic health is tenuous, according to a
quarterly Conference Executive Board report of 440 executives.
…



