Many technology leaders entered 2023 prepared for a potential recession Despite the current economic uncertainty, 72 per cent of high-tech leaders in the U.S., Canada and Western Europe have plans to grow revenue in 2023, according a survey by Gartner, Inc. Furthermore, nearly half of those leaders believe they will be…
Read MoreIT spending
How CIOs can defend against damaging IT budget cuts
Stewart Buchanan, VP Analyst at Gartner, discusses how CIOs can respond to executive leaders Companies must watch their spending as supply costs, energy bills and the cost of talent are soaring. At the same time, businesses must continue spending to operate and avoid business damage. However, in unstable times, some…
Read MoreIndia application software spending to grow 15 per cent
Increased spending will be directed towards improving customers’ digital experience End-user spending on enterprise application software in India is forecast to total $US4.7 billion in 2022, an increase of 14.8 per cent from 2021, according to Gartner, Inc. “Driven by the digital transformation agenda, Indian enterprises will continue to expand…
Read MoreIT spending to grow 3 per cent in 2022
CIOs’ investment plans are not expected to be deterred Worldwide IT spending is projected to total $US4.5 trillion in 2022, an increase of 3 per cent from 2021, according to the latest forecast by Gartner, Inc. While IT spending is expected to grow in 2022, it will be at a…
Read MoreWorldwide IT spending to exceed US$4T in 2022
Outlook for the global IT market. Worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 5.5% from 2021, according to the latest forecast by Gartner, Inc. “Enterprises will increasingly build new technologies and software, rather than buy and implement them, leading to overall slower spending…
Read More