spending
- Business
Global IT spending projected to cross $5 trillion in 2024
New Delhi: Global IT spending is projected to reach $5.1 trillion in 2024, an increase of 8 per cent from 2023, according to a new report. While generative AI (GenAI) has not…
- Technology
Indian IT spending to slow down to 4.7% this year amid global concerns
New Delhi: Indian IT spending (which includes spending by enterprises, service providers and consumers) is projected to grow by 4.7 per cent in 2023 to $86.7 billion, lower than the earlier 5.8…
- Technology
Global IT spending continues to decline for 5th consecutive month
New Delhi: The global IT spending will continue to slow down by 4.4 per cent to $3.25 trillion for the fifth consecutive month, as technology investments continue to show the impact of…
- Business
Digital transformation spending in India to reach $85 bn by 2026
New Delhi: The digital transformation (DX) spending in India is likely to reach $85 billion by 2026 as firms in the country aim to reduce the costs by increasing efficiency, improving security/risk…
- Technology
Intel set to lay offs employees as it cuts billions of dollars in spending
San Francisco: Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion in annual savings in the near term and $8 billion to $10…
- India
Global smartphone market falls 9 percent amid low consumer spending
New Delhi: Marking the worst third quarter since 2014, the global smartphone market recorded its third consecutive decline this year, dropping 9 per cent year-on-year (YoY) in the third quarter of 2022,…
- India
Govt spent Rs 911.17cr on advertisements over last three years
New Delhi: The government spent Rs 911.17 crore on advertisements in newspapers, television channels and web portals in the past three years, Information and Broadcasting Minister Anurag Thakur told the Rajya Sabha…
- Business
IT spending in India to reach $112 bn in 2022 amid global uncertainties
Mumbai: The IT spending in India is likely to reach $114.9 billion in 2022, growing 7.7 per cent from last year, a Gartner reports said on Friday. Global economic uncertainty continues to…
- Technology
Multi-access edge computing spend to reach $23 bn globally by 2027
New Delhi: The global spending on multi-access edge computing (MEC) is likely to reach $22.7 billion by 2027, from $8.8 billion this year, a new report said on Monday. According to Juniper…
- India
80 percent population avoids big spending in 2022
Hyderabad: As per a survey carried out recently 80% Indians across the country are not prepared for big spending or have any plan for foreign tour in 2022. According to the survey…
