IT capital spending is projected to remain flat in 2015, but IT operational budgets will increase.
The $24 billion storage giant said the deal, expected to close in the third quarter, will help increase revenue and profit in 2016.
Letter to President Barack Obama rejects the notion that U.S. companies should weaken product security in the interest of law enforcement.
Finance chiefs' insufficient understanding of IT issues is still a major hurdle, though, says E&Y.
Cloud computing companies have been working to patch the bug, which could be used by hackers to take control of cloud netwworks.
Gross margins for Microsoft's business cloud services will reach 44% in the year ending in June, up from 15% a year earlier.
Declining demand for older software and services is still preventing IBM's topline from growing robustly.
A Google Search executive says the company has not abused its online search dominance, as the European Commission charges.
President Obama says he will use diplomatic engagement, trade policy tools, and law enforcement mechanisms to fight against cyber-security threats.