85% of UK Firms Boosting Cyber Budgets for 2026, Finds PwC UK firms are meeting a surge in cyber threats with record spending, but resilience depends on skills, collaboration, and long-term strategy.

UK businesses are responding to a surge in cyber threats with record spending, according to PwC's latest report, but resilience still depends on workforce skills, collaboration, and long-term strategy.

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Annual IT budgets can’t keep up with today’s pace. ⚡

In our latest #ITFMInsights podcast, Konstantin Popov breaks down why old planning cycles fail and how leaders can pivot smarter. ibm.co/63325BJOBW

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How Much Will SharePoint OCR Cost? Use This Tool to Find Out 💰

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Report: Agentic AI to Take 26% of IT Budgets Within Five Years Agentic AI is expected to dominate IT budgets over the next five years to capture over a quarter worldwide IT spending, according to the IDC.

Agentic AI is expected to dominate IT budgets over the next five years, being set to capture over a quarter (26%) of worldwide IT spending, according to new research from market intelligence firm IDC.

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Report: Agentic AI to Take 26% of IT Budgets Within Five Years Agentic AI is expected to dominate IT budgets over the next five years to capture over a quarter worldwide IT spending, according to the IDC.

Agentic AI is expected to dominate IT budgets over the next five years, being set to capture over a quarter (26%) of worldwide IT spending, according to new research from market intelligence firm IDC.

www.digit.fyi/agentic-ai-b...
#tech #ITbudgets #agenticAI

Worried About Wasting $30/User on AI? Try This Instead 💡

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Scared of Pay-As-You-Go in SharePoint? Don’t Be. Here’s Why 💡

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Report: Rising Cloud Costs Putting the Brakes on AI Innovation Rising cloud costs are forcing businesses to rethink budgets, with many scaling back on new tech initiatives despite high AI ambitions.

Businesses across Europe are facing spiralling cloud infrastructure costs that have left many considering cuts to their AI, cybersecurity, and IT staffing budgets, according to new research from Akamai.

www.digit.fyi/report-risin...
#tech #cloud #ITbudgets

Report: Rising Cloud Costs Putting the Brakes on AI Innovation Rising cloud costs are forcing businesses to rethink budgets, with many scaling back on new tech initiatives despite high AI ambitions.

Businesses across Europe are facing spiralling cloud infrastructure costs that have left many considering cuts to their AI, cybersecurity, and IT staffing budgets, according to new research from Akamai.

Find out more here 👇
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#tech #cloud #ITbudgets

Citi CIO Survey: IT budgets moderate as cybersecurity reclaims top-priority rank Investing.com -- Global IT spending growth expectations have moderated, with cybersecurity regaining the top spot among CIO investment priorities, according to Citi’s latest CIO Survey. Based on responses from 101 executives, the outlook for global IT budgets over the next 12 months (NTM) dipped to 2.1%, down from 2.5% in the March survey. The slowdown was largely driven by a weaker European outlook, where expected growth dropped sharply to 0.6% from 2.3%, while U.S. budgets remained more resilient, inching up to 2.8%. “We note that on average, respondents have revised down NTM IT budgets by 2% due to tariff impacts,” Citi analysts led by Tyler Radke noted. Despite the slight deceleration in overall IT budgets, cybersecurity spend is re-accelerating. “Cyber quickly reclaimed top rank among CIO investment priorities,” Citi noted, with next-twelve-month (NTM) cyber budgets rising to approximately 6.1% from 5.3% last quarter. The report points out that although fewer respondents expect tariffs to hurt IT budgets overall, a larger share of those who do see a negative impact identified cybersecurity as a key area affected by tariffs. These trends, coupled with broader GenAI-driven IT investments, continue to support cybersecurity spending. Analysts say that “while cyber dollars are resilient with potential growth catalysts, spend will likely be further allocated towards platform vendors, players with a clear ‘security for AI’ strategy, and those that can offer tariff insulation.” In the GenAI space, CIOs continue to favor Microsoft (NASDAQ:MSFT), followed by OpenAI, Amazon (NASDAQ:AMZN), and Google (NASDAQ:GOOGL). Spending on GenAI projects is expected to rise by 12% over the coming year. However, most use cases remain in early stages, with 37% in testing and only 18% in production, reflecting a cautious ramp-up. While cybersecurity gained ground, data analytics and GenAI dropped to the second position in the list of CIO priorities, followed by digital transformation and customer-facing application development. Concerning sub-segments, Endpoint and cloud security remain top priorities, with network security notably rising to the highest-ranked top priority among CIOs. Identity security also saw increased prioritization, reflecting growing awareness of GenAI-related risks and new identity threat vectors. Meanwhile, spending in areas like security analytics and data security softened as CIOs delayed modernization initiatives amid vendor overlap and implementation complexity. Don't miss out on the next big opportunity! Stay ahead of the curve with ProPicks AI – 6 model portfolios fueled by AI stock picks with a stellar performance this year... In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record. With portfolios tailored for Dow stocks, S&P stocks, Tech Stocks, and Mid Cap stocks, you can explore various wealth-building strategies. So if MSFT is on your watchlist, it could be very wise to know whether or not it made the ProPicks AI lists.

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