Worldwide IT spending is projected to total $4.2 trillion in 2021, an increase of 8.6% from 2020, according to the latest forecast from Gartner. As many companies still suffer revenue declines, IT spending is accelerating ahead of revenue expectations worldwide according to Gartner, with boards and CEOs being more willing to invest in technology that has … Read more
Gartner says businesses need to advance their digital-transformation plans 5 years to survive in a post-pandemic world. Gartner projects worldwide IT spending will total $3.9 trillion in 2021, an increase of 6.2% over 2020 when spending declined a little over 3%. All IT spending segments—from data-center systems to communications services—are forecast to return to growth in 2021, … Read more
With little or no growth in IT budgets, IT chiefs will be tasked with cutting costs in 2021. Improving IT asset management can help to avoid job cuts. New research from Insight has found there is a lot of waste in IT departments. Unnecessary expenditure on hardware and software licenses has a direct impact on … Read more
Gartner forecasts spending on data-center systems will be hit hardest in 2020. Gartner this week said that IT spending across the globe is projected to total $3.4 trillion in 2020, a decline of 8% from 2019 due to the impact of the COVID-19 pandemic. In January Gartner had forecast Worldwide IT spending to total $3.9 trillion in 2020, an … Read more
When less must be more, it’s essential to allocate IT resources intelligently and creatively. Here are 7 ways CIOs can meet key goals when challenged by a restricted budget. Nothing in this world is certain except death and taxes — and limited IT budgets. Few IT leaders lose sleep over overfunding. Rather, sleepless nights wondering … Read more
From data analytics to cybersecurity to customer experience, here’s where CIOs will direct their IT budgets this year. The CIO role continues to grow, thanks in large part to digital transformation, with IT executives adding new responsibilities, ranging from data analytics to product development, according to our 2019 State of the CIO. To meet these goals … Read more
Technology leaders weigh in on where IT spend will shift, with many companies focusing on infrastructure, security, and user experience. The majority of IT leaders expect their 2019 IT budgets to increase or remain unchanged, driven largely by the need to upgrade aging infrastructure, accelerate a shift to the cloud or improve the employee experience … Read more
Gartner says IT services will be a key driver for IT spending in 2019, as the market is forecast to hit $1 trillion in 2019. Enterprise software and IT services lead the way as overall IT spending will hit $3.8 trillion in 2019, according to Gartner analysts. The numbers mean a shift from ownership to … Read more
Paying a fifth of the original software contract value every year for support, big fixes and updates does not seem like good value for money. A study from the Campaign for Clear Licensing (CCL) has found that the majority of organisations are blindly renewing software maintenance contracts. CCL’s research revealed that many businesses were renewing software maintenance contracts without assessing … Read more
