Tag: IT spending
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Desperately seeking AI ROI as IT budgets tighten
Data from recent surveys shows that the scenarios we’ve been putting forth throughout 2024 continue to be in play. Specifically, we …
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AI-related security fears drive 2024 IT spending
While generative AI has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending …
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Gartner: IT spending to climb 8% to $5.1 trillion in 2024
Driven primarily by cloud and cybersecurity investments, worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of …
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How organizations can keep themselves secure whilst cutting IT spending
It is the immediate natural reaction of most organizations to cut costs during an economic downturn. But the economy will return and …
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Security to take an outsized role in IT spending in 2023
Modernization has taught companies that cyber spend is a smart investment. “Older systems increase your security risk,” Rapoza …
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Worldwide IT spending to total $4.1 trillion in 2021
Worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4% from 2020, according to the latest forecast by …
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IT spending remains buoyant despite the pandemic
In the face of restrictive lockdowns and stay-at-home orders, IT budgets have held up remarkably well according to a new study, as …
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Emerging tech firms face COVID-19 headwinds as buyers choose ‘safe bets’
Emerging technology companies face a tougher road ahead as the pandemic sends information technology buyers to what they view as safer …
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IT spending levels expected to dip in 2020, despite ease of economic lockdown
Business confidence in IT spending levels declined in the last week of May, according to IDC. IT buyers in the US, Western Europe, and some …
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Worldwide IT spending expected to decline 5.1% in 2020
Worldwide IT spending is now expected to decline 5.1% in constant currency terms during 2020 to $2.25 trillion, as the economic impact of …
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Pandemic pullback: Remote-work investment won’t fully offset IT budget declines
Companies are spending to gear up work-from-home infrastructure as a result of the global coronavirus pandemic, but signs currently point …
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Worldwide IT spending to grow just 1.1% in 2019
Worldwide IT spending is projected to total $3.79 trillion in 2019, an increase of 1.1 percent from 2018, according to the latest forecast …
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