Tag: Companies

The Many Ways Companies Waste Money With Technology Spending

Companies spend a lot of money on technology. They waste a lot, too.

It happens for all sorts of reasons. Maybe they are chasing the latest shiny new thing. Or they misunderstand what consumers want. Or they build something new rather than buy off the shelf.

Whatever the reason, the likelihood of spending mistakes is greater than ever, as the pandemic has made companies scramble even faster for new tools, to accommodate people rushing to work from home. Worldwide IT spending is expected to reach $3.9 trillion this year, up 6% from last year, according to

Gartner Inc.,

a research

Read more

Private-Equity Deals for Information Technology Soar as Companies Modernize Infrastructure

Private-equity investments in technology soared in the final months of 2020 as investors sought to take advantage of a rise in corporate IT spending.

Investors spent $65.17 billion last year on 2,138 private-equity deals with U.S.-based information technology companies, down from $72.47 billion over 2,007 deals in 2019 but far outpacing investments in any other sector, according to market research firm S&P Global Market Intelligence.

Nearly half of that spending came in the fourth quarter, which saw $31.73 billion in

Read more

A Warp Speed Technology Plan For President Biden That Will Make American Companies Cheer

Joe Biden is now the 46th President of the United States.  His plate is overflowing with problems and – depending on one’s level of optimism – opportunities.  Obvious problems aside – Covid-19, the economy, social, economic and political divisions, insurrection and eroding international influence, just to name a few – there are also some digital technology challenges he faces, especially after the last administration’s inability to adequately enable digital technology on behalf of all Americans and restrict foreign-born scientists, engineers and technologists from practicing their professions

Read more

Major Technology Companies Join List of Biden Inaugural Donors

Major technology companies like Google and Microsoft, as well as telecommunications giants like Comcast and Verizon, are among the nearly 1,000 people and groups that have donated at least $200 to the committee organizing President-elect Joseph R. Biden Jr.’s scaled-back inauguration celebration this month.

The donor list, released Saturday evening by the committee, was filled mostly with individual donors, including major givers to Democrats such as Arthur Blank, the owner of the Atlanta Falcons; Richard C. Blum, the husband of Senator Dianne Feinstein of California; and Donald Sussman, a hedge fund mogul.

The inaugural committee did not list any of

Read more

Cyber Security Cloud Ranks 9th on 2020 Japan Technology Fast 50, a Ranking of Fastest-Growing Technology Companies

Cyber Security Cloud (CSC) Inc. (Headquarters: Tokyo, President/CEO: Hikaro Ohno) announced today that it ranked 9th in the 18th Japan Technology Fast 50, with revenue (sales) growth of 230.6% based on the past three accounting periods. Japan Technology Fast 50, announced annually by Deloitte Tohmatsu Group, is a ranking of the 50 fastest-growing Japanese companies in the technology, media and telecommunications (TMT) industries based on their revenue (sales) growth percentage the last three accounting periods.

Japan Technology Fast 50 is a Japanese edition of the ranking program series of TMT industries compiled by Deloitte Touche Tohmatsu Limited (DTTL) for about

Read more