ICT Investment Trends in Australia: Smart cities and digital innovation driving ICT investments

ICT Investment Trends in Australia: Smart cities and digital innovation driving ICT investments

  • June 2017 •
  • 35 pages •
  • Report ID: 5001750
ICT Investment Trends in Australia: Smart cities and digital innovation driving ICT investments

Summary
Digital Transformation Agency (DTA) of Australia proposed a corporate plan for 2017-20 to enable the delivery and governance of digital and ICT investments. DTA is looking to partner with commonwealth agencies to deliver products and programs for ICT and digital transformation of government. Additionally, it is also aiming to develop operating and funding models for ICT and digital platforms that can be reused across government institutions.

In 2016, Australian enterprises allocated a major portion (74%) of their ICT budgets collectively to the hardware, IT services, software, and communications segments.

After an unexpected economic contraction in Q3 2016, Australia is well on course to attain a sustainable economy growth for the rest of 2017, thus providing a positive outlook for ICT investments. Network and communications equipment, software licenses, application services, and network services are the segments primarily attracting a major proportion of the budget allocations in their respective domains of hardware, software, services, and telecommunications.

Cloud computing services are witnessing an increased interest from Australian enterprises primarily driven by the benefits of high scalability, flexibility, cost reduction, and reliable business continuity plans. IoT has emerged as the next ground-breaking technology segment and Australian enterprises are inclined towards investing in this domain.

The report "ICT Investment Trends in Australia" illustrates the core technologies that enterprises are investing in, including enterprise applications, business intelligence, IoT, and cloud computing. The survey also highlights the approach to purchasing technology adopted by enterprises in Australia.

In particular, it provides an in-depth analysis of the following -
- How ICT budgets are set to change in 2017 in terms of their overall size.
- Allocation across the core elements of IT spend, including hardware, software, services, communications, and consulting.
- Distribution of ICT money in areas such as the networks, applications, service desk, and data centers.
- Which ICT functions Australian enterprises are interested in outsourcing.
- Australian enterprises’ investment priorities based on their budget allocations across core technology categories such as enterprise applications, business intelligence, IoT, and cloud computing.
- Factors that are influencing Australian enterprises’ investments in each technology category.
- How Australian enterprises’ IT budgets are currently allocated across various segments within a technology category.
- Australian enterprises’ distribution of their ICT budget across various segments within a technology category.
- Vendor satisfaction ratings for various core and advanced technology categories.
- Insight into Australian enterprises’ preferred buying approaches.
- Business objectives that Australian enterprises are looking to achieve through their IT investment strategies.
- Factors that are influencing Australian enterprises’ decisions to select an ICT provider.

Companies mentioned in this report: IBM, Microsoft, HPE, EMC, Informatica, Adobe, AllScripts Healthcare, ADP. Google, Cisco, Apple, Intuit.

Scope
- GlobalData’s survey of 124 Australian enterprises reveals that they are keen on investing in various ICT domains.
- Network and communications equipment, software licenses, application services, and network services are the segments primarily attracting a major proportion of the budget allocations in their respective domains of hardware, software, services, and telecommunications.
- Cloud computing services are witnessing an increased interest from Australian enterprises primarily driven by the benefits of high scalability, flexibility, cost reduction, and reliable business continuity plans.

Reasons to buy
- Understand how the Australian enterprise ICT landscape is set to change in 2017 to prioritize your target market
- Comprehend how ICT money are being allocated by Australian enterprises in specific verticals and size bands to improve your market penetration
- Make effective business decisions by recognizing the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications, and consulting)
- Realign your sales initiatives by understanding the current strategic objectives of Australian enterprises
- Enhance your market segmentation with the included, detailed breakdown of opportunities within selected technology categories (enterprise applications, business intelligence, IoT, and cloud computing)
- Prioritize your focus areas by understanding which factors are influencing Australian enterprises’ decisions when selecting an ICT provider
- Understand the changes in customers’ priorities and identify the business objectives that Australian enterprises are looking to achieve through their ICT investment strategies
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Country=Australia Industry=InformationTechnology ParentIndustry=ICTAndMedia Date=201706 Publisher=GlobalData Price=3000