Articles about Tech Spending

BP: Oil prices crashed, so must our ICT budget

BP has confirmed it is looking to squeeze costs from its annual ICT budget on the back of crashing oil prices, and well-placed sources tell us the business wants to identify $300m in savings. It’s been a tough couple of years for the over-enthusiastic oil seeker and distributor, what with the crisis in Gulf of Mexico and more …
Paul Kunert, 27 Feb 2015
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IT buyers will keep purses shut till New Year

IT spending will likely return to growth next year, although it will be modest - about four per cent worldwide for the whole year. This will be partly driven by pent-up demand - purchases and upgrades which have been delayed by recession fears this year. The survey, from Goldman Sachs, found businesses expecting to increase …
John Oates, 26 Nov 2009

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