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Articles about Tech Spending

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Gov: Half of new tech spending must be made with SME suppliers

The UK government is trying to accelerate procurement reforms and hit ambitious targets by directing at least half of all new IT spending to small biz suppliers before the next general election. One of the grand aims of the Cabinet Office had been to route 25 per cent of all government IT business through SMEs by the end of …
Paul Kunert, 12 Aug 2013
tumbling dice

Gartner's gurus forecast future tech spending splurge

Gartner's analysts have used their highly-tuned abdominal sensing units and cerebral computing powers to forecast worldwide IT spending will rise to a whopping $3.92 trillion come 2014. During 2012, global IT spend hit $3.62 trillion. This year, it will reach $3.78 trillion, reckon the Gartner market boffins, a rise of 4.1 per …
Chris Mellor, 28 Mar 2013

Samsung boss warns of Chinese tech spending slow down

Samsung’s head honcho in China is reportedly worried that domestic spending on technology products in the People’s Republic is slowing down, fears which if realised could have a significant knock-on effect for the global economy. Samsung Electronics China CEO, Kim Young-ha, told the FT that the domestic tech market would likely …
Phil Muncaster, 22 May 2012

Tech budgets in schools heading north again

The amount of money schools splash on tech is on the up despite the government putting an end to ring-fenced spending for ICT a year ago, a study by the British Educational Suppliers Association (BESA) has found. According to the UK survey of 766 primary and 551 secondary schools conducted in July, budgets are looking likely to …
Paul Kunert, 26 Sep 2012
Great Wall of China

China wants more hi-tech importers

The wobbly global economy is set to further stunt growth in China’s domestic technology market, leading Beijing to offer even greater financial incentives to encourage more hi-tech imports to the country. The Chinese government will offer 2.5bn yuan (£249m) in loan subsidies to importers of unspecified advanced technologies and …
Phil Muncaster, 11 Oct 2012
channel

Health minister outlines tech spending

Tory MP for Hove Mike Weatherley has been bombarding the Ministry of Health with questions on its technology spending, but he's having mixed success. The first effort on Tuesday asked for a percentage of NHS IT spending which went on online services, a percentage of spending on technology which could only be maintained by its …
John Oates, 01 Jul 2010

Fujitsu calls on channel man to run education biz

Fujitsu has tapped up channel veteran and former employee Ash Merchant to run its education biz in Blighty. Merchant was a group product manager at the firm for almost a year and a half from June 1990 and in the intervening years was a director at schools suppliers XMA, Quadrant Visual Solutions and European Electronique. This …
Paul Kunert, 30 May 2014
cloud

Gartner cuts tech spending forecast

Analyst house Gartner has lowered its prediction for growth in the European technology market, blaming sovereign debt which is likely to push down public sector spending. Gartner was expecting growth of 5.3 per cent for the year - from $3.225 trillion to $3.350 trillion worldwide. It is now predicting more modest growth of 3.9 …
John Oates, 02 Jul 2010
closed_sign shut down under collapsed liquidation

2014: The year of the cloudy biz bankruptcy... or maybe it isn't?

Once again the channel has proved to be a hardy bunch as insolvencies remained pretty much stable in 2013, despite a meltdown in some areas of tech infrastructure spending. Some 293 resellers bit the dust in the previous calendar 12 months, versus 285 in the previous year: a 2.8 per cent rise. 66 hit the wall in Q4, up from 57 …
Paul Kunert, 23 Jan 2014
cloud

Forrester: IT spending growth holding up

The prognosticators at IT watcher Forrester Research are not letting a little debt crisis in Greece and the fears by some that it will "metastasize across the European Union" put a damper on global IT spending growth for 2010. In a report released this week from Andrew Bartels, the vice president and principal analyst who is …
channel

US tech spending growth to drop in 2009

IT sales in the US will take a hit from the economic turmoil currently rumbling through Wall Street in 2009, according to research firm Forrester. The company revised its predictions yesterday on the same day that computer maker Dell admitted it had been hit hard by "soft" sales. Forrester now says that year-over-year growth in …
Kelly Fiveash, 17 Sep 2008
channel

SMBs split on tech spending plans

Just as The Meltdown was ramping up to full swing back in September, the Computing Technology Industry Association thought it was a good time to bug small and medium businesses in the US, Canada, and the UK about their businesses' prospects and their IT spending plans in the next twelve months. The news from CompTIA is not as …
Screaming kid

Don't be afraid of our e-tool, public sector, CloudStore won't bite

Nearly two years into the CloudStore experiment and the government is still working out ways to motivate more public sector tech procurement heads to actually use the e-tool. As the end of January, a total of £92.6m has been transacted via the web catalogue that now includes an eye-watering 13,000 services from nearly 1,900 …
Paul Kunert, 13 Feb 2014
The Register breaking news

Tech downturn is history, says Forrester

The economists and box counters at IT market-watcher Forrester Research have called an unofficial end to the IT recession, saying that tech spending will hit $568bn in the United States in 2010, up 6.6 per cent compared to last year, and will rise above $1.6 trillion globally, up a smart 8.1 per cent. While this is good news, …
Qualcomm

Tech spending fears hit Qualcomm shares

Qualcomm made revenues of $2.31bn in the fourth quarter of fiscal 2007, ended 30 September, 15 per cent more than the same three months of last year. Net income was $1.13bn, a leap of 84 per cent on last year. For the fiscal year 2007, Qualcomm made revenues of $8.87bn, up 18 per cent, and net income was up 34 per cent to $3. …
John Oates, 09 Nov 2007
For Sale sign detail

Gartner cuts 2009 IT spending forecast

IT analyst house Gartner Inc has slashed its global tech spending forecast for next year to growth of just 2.3 per cent. The research outfit was forced to significantly downgrade its previous 5.8 per cent growth prediction for 2009 because of the financial storm currently thundering across the world’s economy markets. IT …
Kelly Fiveash, 14 Oct 2008

Big 20 cash hoovers: Slurp. Floop. Darn. Sluurrrp. Where's our public sector IT dosh?

Half of the top 20 software and IT services (SITS) suppliers to UK.gov saw their public sector biz decline last year as Cabinet Office Minister Francis Maude and his merry band of axemen waged war on the oligopoly. The names on the list collated by TechMarketView remains unchanged on a year ago but the proportion of revenues …
Paul Kunert, 21 Feb 2014
francis_maude_flames_evil

UK.gov will struggle to avoid pain in further IT cuts, says HP bigwig

Blighty's government will be hard pushed to further slash its tech spending as it enters a second round of cost cutting. And "cross-department collaboration" will be needed if better results are to be achieved. Or so says HP UK top boss Nick Wilson, who described the Cabinet Office's methods to eke out budget reductions with all …
Paul Kunert, 19 Sep 2012
The Register breaking news

2003 Tech spending flatter than flat pancake

Tech budgets through 2003 will not grow as many predict, falling instead by 0.03%, finds a new tech spending confidence study from Gartner. It might not sound like much but it shows the tech blues will continue for at least another year. Tech spending in 2003 will be flat, the same as in 2002. One can assume that the IT …
IT-Analysis, 27 Nov 2002
homeless man with sign

HP UK veep tells gov: Soothe economic woes with IT balm

HP UK boss Nick Wilson told resellers at its Gold Partner 2012 event yesterday that he'd given the government his prescription for curing the ailing UK economy: spend more on tech. The bigwig said he'd met with economic analysts and nine Cabinet ministers in the past couple of months and the consensus was that the economy will …
Paul Kunert, 14 Mar 2012
The Register breaking news

UK.gov IT slasher axes himself - after 5 months in new job

Former tech-spending axeman Ian Watmore is leaving the civil service just five months after taking up a new role as the permanent secretary at the Cabinet Office. He had previously headed up the reform and efficiency group, the unit tasked with cutting waste from the Whitehall budget. The Cabinet Office explained that Watmore …
Anna Leach, 17 May 2012
globalisation

Public sector IT buyers 'hogtied by mess of red tape'

Blighty's public sector IT bean counters face a bewildering mess of overlapping tech purchasing bureaucracy, channel sources have warned. Three wide-reaching frameworks that direct government tech spending will end up running in parallel into next spring, potentially confusing purse holders. Of the three schemes, one is the £ …
Paul Kunert, 18 Apr 2012
graph up

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
The Register breaking news

Big Biz loosens tech spend purse strings

There's some cheery news for the beleaguered IT sector today after Merrill Lynch predicted that tech spending will see a slight recovery this year. The security and disaster recovery sectors will benefit most from the loosening of corporate purse strings, Merrill Lynch forecasts. Other areas believed to be on the up include …
Tim Richardson, 03 Jan 2002
The Register breaking news

UK services still shrinking

Business and professional services have had a flat quarter with business volume and prices broadly unchanged, while consumer services have seen an unexpected decline. Consumer service companies were expecting modest growth in the quarter rather than a fall. Some 30 per cent of consumer firms said the value of business rose, but …
John Oates, 29 Nov 2010
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Report reveals patchy ICT provision in schools

The standard of technology provision in schools varies widely, despite spending of £487m on ICT equipment and services last year, according to the findings of independent review commissioned by the education secretary Michael Gove. Sebastian James, group operations director at Dixons Retail, was commissioned to lead the review …
The Register breaking news

NHS denies pre-election stitch-up

The Department of Health has denied accusations from the Tory party that it is busy rewriting contracts with IT suppliers in a massive stitch-up ahead of the election. The Tories told the BBC that the NHS's Connecting for Health was busy trying to get contracts signed within the next four weeks in order to force any incoming …
John Oates, 02 Mar 2010
graph up

Nvidia flexes Tesla muscles

2010 was the breakout year for Nvidia’s Tesla division, according to Tesla VP Andy Keane, who spoke at the company’s Industry Analyst Day earlier this month. I think it’s pretty obvious that he’s right, and a quick review of the last year tells the story. Three of the top five systems on the Top500 list sport Nvidia GPU …
globalisation

HP's PC and printer sales back from the depths

In an unexpected reversal, Hewlett-Packard's core PC business has boosted the company to a 25 per cent increase of profits while its enormous service division went kinda limp. During its first fiscal quarter, which ended January 31, HP pulled in profits of $2.3bn, up from $1.9bn during the same period last year. The is was …
Austin Modine, 17 Feb 2010

SC09: Infiniband expands, Mellanox thrives

Mellanox was a big presence at SC09. It had a good-sized booth of its own, and its products were featured or referred to at a significant number of other booths. It also made a major announcement with NVIDIA about a joint effort to provide technology that allows GPUs to talk directly to storage, thus taking load off of the …
The Register breaking news

Mattress maker can no longer spring for SAP roll-out

With the economy presently being the pits nearly everywhere you look, many folks are warily eying the IT sector for signs of disaster. Will IT spending take further hits in 2009? An announcement today from the US-based mattress maker Select Comfort could be a sign of tech spending on the chopping board – but it also could just …
Austin Modine, 24 Dec 2008
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Cisco and HP - the gloves come off

The pretense of friendship is officially over between Hewlett-Packard and Cisco, though the two giants have been rallying their banners for war since the launch of Cisco's Unified Computing System last year. In a blog post late Thursday, Keith Goodwin -chief of Cisco worldwide partner organization - announced that his company is …
Austin Modine, 19 Feb 2010
The Register breaking news

US recovery fails to filter through to Oracle

ComputerWire: IT Industry Intelligence The US economy may be showing sparks of life, but they have yet to re-ignite the market for Oracle Corp's software, the database vendor revealed yesterday. The Redwood Shores, California-based vendor revealed third quarter results yesterday that showed sales were down 16.6% to $2.2bn. …
ComputerWire, 15 Mar 2002

McData Q3 update is curate's egg

Check out The Register's Enterprise Storage Channel McData has furnished the world with new guidance for Q3 revenues and earnings per share. And a mixed bag it is too, with sales at the SAN switching firm now expected to come in at $80-$81m - $2m-$4m less than previously anticipated. But it expects a better pro-forma EPS - …
Drew Cullen, 08 Oct 2002
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Novell gets suite on SMEs

Novell is going after the small business market with what's billed as the first Linux suite for SMEs. Novell Linux Small Business Suite 9 is designed to offer an alternative to Windows as a "server-to-desktop" Linux bundle tailored to the needs of smaller firms. The technology - due to ship March 31 - will feature Linux server …
John Leyden, 22 Mar 2005
The Register breaking news

Cisco sales down, profit up

Cisco Systems squeezed 50 per cent more profits from Q2 profits, compared with the same period last year, despite declining revenues. The networking equipment vendor expresses caution about an early return to recovery for the struggling network equipment sector. For the three months ending January 25, Cisco clocked net income …
John Leyden, 05 Feb 2003
channel

Intel rides mobile express to strong Q1

Intel rumbled to a strong first quarter, posting a surge in revenue on higher than expected mobile processor sales, the company said today. Intel flashed investors with first quarter revenue of $9.4bn - a 17 per cent rise year-over-year. This revenue total came in at the high-end of Intel's mid-quarter forecast delivered in …
Ashlee Vance, 19 Apr 2005
The Register breaking news

Dell admits MS price gouge is hurting business

Here's a story that will dampen hopes that Windows XP, and its associated subscription model, can lift tech spending out of its current slump. Michael Dell yesterday admitted that far from boosting business, Microsoft's aggressive new pricing structure for Windows XP is having the opposite effect, and deterring the traditional …
Andrew Orlowski, 11 Sep 2001
The Register breaking news

Microsoft profits and sales go skyward

Microsoft, the biggest software company on earth, once again bucked the trend in the IT sector by posting higher sales and earnings. While most other global IT firms have struggled to grab more sales, Microsoft on Thursday said its sales were up nearly 11 percent year-on-year in its fiscal fourth quarter, to USD8.07 billion. …