Finance

Where Your IT Dollars are Headed In 2017 (Information Week)

While the results are not intended to be scientific, they offer a good snapshot of what IT professionals are focused on. More than a third of respondents (36%) cited cloud as the t... More

Gartner: IT Spending will Hit $3.5 Trillion in 2017 (Information Week)

Global IT spending is slated to rise slightly in 2017, with enterprises looking to invest about $3.5 trillion on technology in the next year -- an increase of 2.9% compared to the ... More

Wipro Launches Treasury DNA Decisions and Analytics Platform (SCN)

Wipro today announced the launch of Treasury DNA Decisions and Analytics platform that will digitally enable global treasuries using cloud technologies. Treasury DNA is powered by ... More

Banks Lead Charge to Adopt AI for Business, IBM CEO Rometty Says (Data Center Knowledge)

Banks are positioned to pioneer the use of artificial intelligence to help them retain clients in an era of technological disruption, IBM Chief Executive Officer Ginni Rometty said... More

Why Global IoT Revenue is Set to Hit $3 Trillion by 2025 (Telecom Tech News)

Current estimates of the commercial impact from the Internet of Things (IoT) market opportunity are already being rated in the billions and trillions. Machina Research recently pub... More

Oracle’s Safra Catz: How Finance Can Lead Cloud Transformation (Forbes)

Modern, cloud-based finance systems can generate significant growth for businesses because they can empower more employees to make better decisions, Oracle CEO Safra Catz said duri... More

PwC Acquires Data Technology Firm (HITS)

PwC is strengthening its tax reporting practice with the acquisition of Selera Labs, a market leading data technology firm. The acquisition comes at a time when tax authorities aro... More

Capgemini in North America Selected by Wolters Kluwer for a Multi-Year Contract Extension for Finance, Accounting (HITS)

Capgemini has secured a five-year contract extension from Wolters Kluwer, a global leader in information services and solutions for professionals in the health, tax and accounting,... More

Digital Transformation is Giving IT Spending a Big Boost (CIO)

Digital transformation may promise critical benefits for the companies undertaking it, but it's also delivering a major boost to IT spending around the world. That's according to m... More

U.S. CIO Aims to Cut Legacy Spending, Proposes IT Modernization (CIO)

With the startling new finding that federal agencies spend about three-quarters of their IT budgets on keeping legacy systems running, is it any wonder that the administration is p... More

Traditional Media Spend Slows, Digital Maintains Strong Growth (MediaPost)

Global consumer spending for traditional media will continue to slow down to under a 1% growth rate in coming years -- while digital media consumer spending will maintain double-di... More

Report: Netflix Availability Bad News for Movie, TV Spending (MESA)

Once Netflix becomes available in a region, everyone else who deals in the sale of movies and TV is hurt, according to a new report, and spending on Netflix doesn’t make up the o... More

It’s Official: Tech Spending Is Slowing Down in 2016 (Recode)

After several years of consistent growth, the world’s information technology industry is on track to experience the biggest slowdown in spending by individuals companies and gove... More

Why Streaming Services Play a Vital Role in Building a New Music Economy (The Drum)

Opinion: The global streaming data is indicative of how our listening habits and behaviours have changed as consumers. What used to be the gold standard for the number of physical ... More

Netflix’s Global Push Means Big Spending in Small Countries (The Hollywood Reporter)

Netflix's splashy spending at Sundance grabbed headlines, but the real story may be how the streaming giant is splurging on original content overseas. Netflix in 2016 is projected ... More

Data Analytics Among Top Trends Driving IT In 2016 (Thoughts on Cloud)

Data analytics continues to be one of the top areas of IT investments and organizations expect to substantially increase their spending in this area in 2016. That is one of the pre... More

Lights, Camera, Activation: Super Bowl Studio Spending Soars (AdAge)

A year after Universal Pictures sucked all the air out of the category with an audacious six-spot buy, rival studios are reasserting themselves with more aggressive investments in ... More

Amazon Posts Sales, Earnings Gains (MESA)

Amazon on Thursday announced sales of $35.7 billion, up 22% year over year, and a profit of $482 million, up more than double from the $214 million the company posted the fourth qu... More

Sony Sees Best Q3 Profit Since 2008 (MESA)

Sony Corp. rode big gains from its gaming and film divisions to post its best fiscal third quarter profit since 2008, the company reported late Jan. 28. The company posted operatin... More

Quantum Rides Scale-Out Storage Revenue to Operating Profit

By Chris Tribbey Scale-out storage, archive and data protection solutions company Quantum posted operating income of $2 million for its fiscal third quarter (ended Dec. 31) thanks... More