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July 9, 2012 01:07 pm GMT
Gartner has updated its forecasts on IT spend worldwide: spend in areas like hardware, software, and IT services are going to drive total investment of $3.6 trillion into IT overall. Gartner calls that number "lackluster," in that it's only slightly higher than Gartner projected last month, and only three percent more than 2011's $3.5 trillion figure. However, what's noticeable is that we are continuing to see a strong appetite for cloud computing. It will reach $109 billion in 2012 and will almost double in value by 2016 to $209 billion.The survey canvases activity from over 75 percent of Gartner's Global 500 list of top companies, and the analysts say that factors that are hemming in growth include the eurozone crisis, a slowdown in China and a weaker-than-expected recovery in the U.S. -- all ongoing issues for the world economy."There has been little change in either business confidence or consumer sentiment in the past quarter, so the short-term outlook is for continued caution in IT spending," notesRichard Gordon, research vice president at Gartner, in the report.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8wte6of5c7E/
Gartner: Enterprise IT Spend Will Pass $3.6 Trillion In 2012, Cloud Investments Rise To $109B
Gartner has updated its forecasts on IT spend worldwide: spend in areas like hardware, software, and IT services are going to drive total investment of $3.6 trillion into IT overall. Gartner calls that number "lackluster," in that it's only slightly higher than Gartner projected last month, and only three percent more than 2011's $3.5 trillion figure. However, what's noticeable is that we are continuing to see a strong appetite for cloud computing. It will reach $109 billion in 2012 and will almost double in value by 2016 to $209 billion.The survey canvases activity from over 75 percent of Gartner's Global 500 list of top companies, and the analysts say that factors that are hemming in growth include the eurozone crisis, a slowdown in China and a weaker-than-expected recovery in the U.S. -- all ongoing issues for the world economy."There has been little change in either business confidence or consumer sentiment in the past quarter, so the short-term outlook is for continued caution in IT spending," notesRichard Gordon, research vice president at Gartner, in the report.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/8wte6of5c7E/
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