Technology Budgets & mergers

Right now, budgets and mergers are on everyone’s minds. Here’s a look of the latest news in the technology industry.

A new report by Gartner Inc. showing that software spending will increase worldwide next year indicates there may be truth to the general belief that the technology market has hit bottom. Read more…

U.S. President Barack Obama's administration needs to answer several questions about the privacy implications of a new version of a computer intrusion detection system that can reportedly read e-mail, a privacy and civil rights advocacy group said. Read more…

IBM has made no secret of its ambition to become the world's data-crunching accountant. Now it's beefing up its credentials as a fortune teller. Read more…

IBM and Hewlett-Packard are both winning new business in a market that has been relatively flat for years, and not because the total market size is growing so quickly. They're taking business from Sun Microsystems in the looming shadow of an acquisition by Oracle. Read more…

IBM, which already had partnered with SPSS, is taking a significant step into the burgeoning predictive analytics space with the proposed purchase of the company. There has been a race on by the likes of IBM, Oracle, SAP and SAS to build up their data analytics capabilities—both through acquisitions and in-house development—and IBM buying SPSS would put it in the forefront of the increasingly competitive space, according to analysts. Read more…