economy

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News

  • New Zealand smart city projects shine in IDC awards shortlist

    ​New Zealand has achieved strong representation in the shortlist for IDC’s Smart City Asia Pacific Awards 2017. New Zealand projects are finalists in six of the 14 award categories: Transportation; Public Works; Smart Grid; Smart Water; Connected Health; Tourism, Arts, Libraries, Culture, Open Spaces.

  • Cisco's Chambers sees hope after recession

    The current recession is almost the opposite of the 2001 downturn for Cisco Systems because of permanent cost-cutting and the company's move into new technologies and markets, Chairman and CEO John Chambers said Monday.

  • Managing security in a worsening economy

    The global economic downturn is making everyone's jobs harder, and IT security executives are in the hot seat, too, struggling to hold onto budgets and align IT security projects with business needs amid cost-cutting.

  • Gartner: economy hits cell-phone sales

    Economic woes slashed cell-phone sales growth in the third quarter of this year as consumers waited longer to replace their handsets, according to analyst firm Gartner, which predicts the market is likely to contract next year,

  • Low-end server sales spike in tough economy

    Server shipments grew in this year's third quarter, though server revenue declined as companies lowered spending to meet budgetary constraints, according to a study released by Gartner.

  • Current economic climate a chance to boost efficiency

    With the global economy lurching towards recession, everyone is being asked to do more with less, and cutbacks and layoffs are weighing heavily on people's minds. But cutting costs in IT doesn't necessarily mean laying staffers off, deferring projects or reducing support. There are simple steps every company can take to significantly save money and improve the bottom line during these turbulent economic times.

  • Tough times call for good risk management

    These are tough times. Over the last decade you have most likely become used to some kind of more-or-less stable basis for how your business operates. Sorry, but that's all about to change because the economy is in serious trouble.

  • Grim economy means less IT spending: IDC

    IT spending will drop next year as a direct result of global financial problems, according to analyst firm IDC. it will grow by less than half as much as earlier predicted by IDC.

  • Weak economy creating IT buyer's market

    The dismal economy may be hurting some software vendors' earnings reports and putting a crimp in IT budgets, but it has also created a buyer's market, according to users, consultants and industry observers.

  • Slowing economy requires fast response by IT

    Now what? In the face of a deepening business slowdown, a global credit crunch and a wildly fluctuating stock market, what should corporate IT departments do next? Gartner's top answer at its Symposium/ITxpo 2008 conference this month: Prepare for hiring freezes and layoffs.

  • IT warned of insider attacks as economy slows

    About a year ago, a senior manager at German company Pilz left the company to work at a rival firm — and took some classified data about an unfinished vision-based camera safety system with him.

  • Storage still a priority for IT despite economy

    The economy may be in a recession, and the stock market may be going through convulsions -- prompting talk of possible hiring freezes and layoffs within IT departments. But at this point, data storage doesn't appear to be an area that many organisations are targeting for budget cuts.

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