2024-02-12 Media Release - Australias first Australian Tech Index launched to measure buying sentiment - FINAL

The AIIA Tech Index measures the buying sentiment for Australia’s IT sector, illuminating areas of opportunities for major procurement and tender opportunities across the whole of the economy, including government. [...] The Index will track a representative group of IT decision-makers from various industries, company sizes, and budget sizes to understand how they plan to build and improve upon IT capabilities that will support the business bi-annually. [...] The AIIA recognises this as a fresh concern in the many years of tracking policy developments, noting that there has indeed been a marked increase in government wishing to regulate the technology sector and how it is to be used across the economy, including cyber security, e-safety, privacy and AI regulatory reforms over the past 12-24 months. [...] Overall, 81% of the respondents expect to increase their IT budgets in the next 1 to 3 years, with 90% of the Government IT leaders expecting to do so. [...] The AIIA has been vindicated by this report in its previously stated support for better policy and regulatory coordination by the government and the establishment of a new whole of government coordination body to achieve this.” “The report is also encouraging because it shows the industry simultaneously investing in defending and modernising their business operations and in retraining in-house tal.