New projections from Gartner show Australian organisations are increasing their technology spend, while software firms are blaming interest rates as they look to hike their prices.
the Australian Financial ReviewElsewhere in March, Microsoft increased the price of Office 365 and Microsoft 365 bundles by 9 to 25 per cent, per user, and in April Adobe added an extra $5 to the price of each Creative Cloud for Teams license, to $US85.
“It costs quite a lot of money to transition to another SaaS provider and those barriers to exit means that there’s more ability to increase prices,” he said. Mr Blackman said all of Carsales’ core technology was locked into long-term contracts, keeping prices stable. He had observed price increases in the smaller, ancillary software that’s “nice to have”, although nothing in the double digits.“In those, we’ve seen some out-of-the-ordinary price increases, but it’s not across the board. It seems to be some vendors are bundling in or attempting to bundle a whole lot of value to justify price rise,” Mr Blackman said.
It will create another headache for CIOs, who are already grappling with projects running over time and over budget and high staff turnover.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nuix fails to score new customers, shares fall 10pcNuix shares hit a record low on Monday, after the embattled software company warned lacklustre new customer sales is likely to hit revenue.
Read more »
Four people killed in police helicopter crash In New MexicoAn investigation will be launched after three police officers and a fireman are killed in a helicopter crash after helping fight a wildfire.
Read more »
Russia-Ukraine war: Russian forces ‘preparing’ for new offensive – latest updatesMoscow’s forces shelling ‘entire frontline’ and readying fresh push, says Ukraine; all bodies identified after deadly Vinnytsia attack
Read more »
Ivana Trump's death an accident, New York medical examiner saysThe ex-wife of the former US president died from blunt injuries to her torso after an accident, New York's Office of the Chief Medical Examiner says.
Read more »
How grief spawned a gritty determination in parliament’s new umpireThe Victorian parliament’s new speaker, Maree Edwards, is quietly proud of her career in politics. But that pride belies a gritty determination spurred by loss and grief. | By annikasmethurst SpringSt
Read more »
‘Leaving doors of Louvre open’: New tourist fee for VeniceVenice will become the first in the world to charge an entrance fee, as locals warn the city is being overwhelmed by tourists and its historic landmarks are at risk
Read more »