Sit Spending News Today

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LTIMindtree faces increased vulnerability due to its focus on discretionary spending, but management is optimistic about future growth and continues to pivot towards non-discretionary spending

Worldwide IT spending on software, services, data centre systems, devices etc is expected to total $5.06 trillion in 2024, an increase of 8% from 2023, according to analyst firm Gartner

Despite a weak quarter and a tepid guidance, the order bookings make us optimistic about a gradual revival in FY25, especially if the discretionary spending environment looks up

India Business News: India's AI market is projected to reach $17 billion by 2027, becoming the top category of IT spending. With a high talent base and skilled AI talent,

Despite the absence of any notable improvement in discretionary IT spending by clients, market speculation about revenue recovery in FY25 is already underway

Discover how one health system in Providence, R.I. outsourced its IT department to IBM spinoff Kyndryl, allowing it to focus on digital innovation and patient care.

Large and mega deals are required to spruce up growth in BFSI and hi-tech

IT spending in 2024 is forecast to reach US$5 trillion (A$7.6 trillion) globally, the technology analyst firm Gartner says, adding that this would be...

Discover the truth behind the hype of generative AI and its impact on IT spending, according to Gartners latest predictions for 2024.