CIOs’ investment plans 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 much…
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Accelerated digital transformation abated COVID-19’s negative effect on IT spending. Worldwide IT spending is projected to total US$3.9 trillion in 2021, an increase of 6.2 per cent from 2020, according to the latest forecast by Gartner, Inc. Worldwide IT spending declined 3.2 per cent in 2020 as CIOs prioritized spending…
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Traditional technology spend is down, but digital transformation and remote working drive Cloud and collaboration tools. The global pandemic is still impacting ICT budgets in Asia Pacific region. According to analyst firm GlobalData Asia Pacific countries are seeing a decline of seven per cent to five per cent in ICT…
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Buying decisions re-looked at due to an increased focus on profitability amidst the uncertainty. ICT spending in New Zealand is estimated to register a 6.3 per cent year-on-year decline to reach US$9.5bn in 2020, against the initial estimated growth of 9.6 per cent before the COVID-19 outbreak, according to GlobalData.…
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