Tag: IT spending

Here you will find all the articles with the tag: IT spending.

Gartner: Global IT spending to grow to $5 trillion in 2024

Gartner: Global IT spending to grow to $5 trillion in 2024

Global IT spending will grow to as much as 4.7 trillion euros ($5 trillion) this year, Gartner indicates. This is slightly more than double of global spending in 2023. Companies worldwide are going to spend more on IT again, Gartner states in its forecast for 2024. Overall, spending is expected ... Read more

date1 month ago
Rise in UK public sector IT spending raises concerns

Rise in UK public sector IT spending raises concerns

According to recent research from Tussell, public sector IT spending hit £17.3 billion in the UK in 2022, doubling from 5 percent in 2021 to 10 percent last year. Concerns arise over the government's reliance on a select group of vendors. The report attributed the growth to increased IT infrast... Read more

date1 year ago
‘9 in 10 developers are concerned about budget and staff cuts’

‘9 in 10 developers are concerned about budget and staff cuts’

Researchers from Appian suggest that nine in ten UK and EU developers are concerned about budget and staff cuts. The growth of the IT market is on the decline. Most feel the impact, from the boardroom to the office floor. Appian surveyed 1,500 developers and software engineers for a study on th... Read more

date1 year ago
‘IT spending will increase by nearly four percent in 2023’

‘IT spending will increase by nearly four percent in 2023’

Gartner predicts that consumers and businesses in the EMEA region will spend 3.7 percent more on IT next year. The organization expects total spending of €1.3 trillion. The forecast seems positive, but the numbers don't take macroeconomic circumstances into account. Exchange rates affect inter... Read more

date1 year ago
Gartner predicts 5 percent growth in IT spending in 2023

Gartner predicts 5 percent growth in IT spending in 2023

Gartner predicts that worldwide IT spending will increase 5.1 percent year-over-year to $4.6 trillion in 2023. Gartner issued its forecast in conjunction with the Gartner IT Symposium/Xpo event on Wednesday. The research organization claims the predicted growth in IT spending will be fueled by ... Read more

date1 year ago
Study: Digital transformation will drive tech spending higher

Study: Digital transformation will drive tech spending higher

Gartner Research says that funding for the increased spending will come from outside IT departments A new forecast from Gartner predicts worldwide IT spending to total $4.1 trillion in 2021. This jump represents an increase of 8.4% from 2020, according to the research group's quarterly IT spen... Read more

date3 years ago
Gartner predicts IT spending to hit the $3.9 trillion mark in 2021

Gartner predicts IT spending to hit the $3.9 trillion mark in 2021

Gartner released its estimate for global IT spending in 2021. The predictions indicate the sector will grow by 6.2% over the course of this year and balance out the decline of 3.2% it saw in 2020 due to the pandemic. The research agency says that enterprises were forced to invest in 'mission-cri... Read more

date3 years ago
Gartner predicts 6% growth in data center infrastructure in 2021

Gartner predicts 6% growth in data center infrastructure in 2021

Gartner has some good news for data center infrastructure vendors. In a forecast Gartner predicts that there will be a 6% growth in spending next year. The expected growth is attributed to businesses rebounding from cash flow problems that resulted from the Covid-19 pandemic. The prediction stat... Read more

date3 years ago
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