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Enterprise IT

Extra $800m energy costs zap Microsoft earnings forecasts

Rising energy costs will sting Microsoft for $800 million this financial year according to the firm, as it saw slightly slower growth of its Azure cloud business in its Q1 results. In its earnings call CFO Amy Hood noted Microsoft's energy costs will escalate throughout the year, saying

‘29 systems to order boots’ – MOD warned on digital strategy hurdles

“The high level of support may help the MoD achieve more fundamental change this time."

Global IT spending will hit $4.6 trillion in 2023, says research house Gartner

That's a lot of cash being splashed...

Goldman Sachs puts tech-led "Platform Services" at heart of restructuring

Goldman Sachs wants to be a fintech, consolidates firm-wide tech offerings...

Bank of America’s $3 billion in annual IT spending is paying off -- and growing double-digits

CEO Brian Moynihan: "Our technology spending will go up 15% this year"

Morgan Stanley CEO James Gorman: “I'm perfectly happy to see our tech spend go up”

Cloud, robo-advisors among priorities...

Nuclear contract reveals Boston Dynamics' Spot robot dog costs

Lates UKAEA acquisition comes after Sellafield trials of Spot in 2021...

MOD runs first hackathon, launches OpenShift DevSecOps platform

Digital skills push continues across MOD, follows DevSecOps platform launch

With “Project Frontier” Dell wants to own the Edge value chain

Dell aims to push up the OT and edge value chain...

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