It Spending news and trends

JPMorgan, BoA Lead US Bank Tech Spending
B2B Payments // March 29, 2019

New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. Reports in Business Insider on Thursday (March 28) said UBS has published a report that breaks down U.S. banks’ technology budgets and explores which institutions are spending the...

Worldwide IT Security Spending To Hit $86.4B This Year
Security & Fraud // August 17, 2017

Worldwide spending on information security products and services will reach $86.4 billion in 2017, marking a seven percent increase over 2016. That’s according to market research firm Gartner, which said in its latest forecast that spending will grow to $93 billion in 2018. “Rising awareness...

Quick Reads
Global IT Spending To Hit $4T In 2019

April 08, 2019
Worldwide spending on information technology is expected to reach about $4 trillion in 2019, according to a report by CNBC. Those numbers come from global research and advisory firm Gartner, which also predicts that companies will spend $125 billion on cybersecurity alone in 2019. The reason for all that spend is mostly because cyber threats […]

Worldwide IT Security Spending To Hit $86.4B This Year

August 17, 2017
Worldwide spending on information security products and services will reach $86.4 billion in 2017, marking a seven percent increase over 2016. That’s according to market research firm Gartner, which said...