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IT Spending

CDW

CDW’s Q1 Results, Layoffs Hint at IT Buying Slowdown

April 24, 2023 Zachary Comeau Leave a Comment

While Gartner is predicting continued increases in IT investments despite an anticipated economic slowdown, technology provider CDW is expecting a U.S. IT market decline at a high single-digit rate this year and has reportedly laid off a large number of employees as a cost-cutting measure. Last week, the company reported first quarter results that were […]

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IT Spending, Gartner

IT Spending to Grow 5.5% This Year Due to Software, Services

April 7, 2023 Zachary Comeau Leave a Comment

IT spending is now expected to grow 5.5% to hit $4.6 trillion in 2023 despite global economic uncertainties as organizations place more value on their digital transformations, according to analyst firm Gartner. The Stamford, Conn.-based firm’s newest IT spending forecast report suggests that IT leaders are looking to optimize spending and using emerging technologies to […]

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IT jobs

Gartner: Software, Services Propelling Government IT Spending in 2023

December 13, 2022 Zachary Comeau Leave a Comment

Government IT spending is projected to grow nearly 7% in 2023 as governments continue to modernize legacy IT and invest in technologies that are as seamless and intuitive as those used by the private sector. IT analyst firm Gartner says global government IT spending will hit nearly $589 billion in 2023, an increase of 6.8%, […]

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IT spending, budget, Gartner

Software, Services Fueling Projected 5.1% Increase in IT Spending

October 19, 2022 Zachary Comeau Leave a Comment

Demand for IT is expected to be strong in 2023, resulting in a 5.1% increase in IT spending as organizations look to continue digital business initiatives in response to economic uncertainty, according to a new Gartner forecast. In fact, the IT research and consulting firm says enterprise IT budgets will be recession proof as executives […]

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This Week in IT, IT News

This Week in IT: DevSecOps, OT Security, SMB Tech Spending, Gartner’s IT Conference

September 22, 2022 Zachary Comeau Leave a Comment

Editor’s note: There is a lot going on in the world of IT, from emerging technologies to digital transformation and new cybersecurity threats. However, we can’t possibly cover it all, so we’ll bring you This Week in IT, a curated summary of IT and enterprise technology stories each week. The difficulties of vulnerability management in […]

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Digital Procurement, IT

How Can IT Companies Manage Their Spend With Digital Procurement

August 25, 2022 Prasanna Rajendran Leave a Comment

The IT industry worldwide is expected to grow the highest, with predictions expecting a 104 percent increase between 2018 and 2023, as compared to other sectors. Information technology is rapidly becoming an integral part of every consumer’s life. Different types of IT companies are emerging to fulfill the demand of businesses and their other customers. […]

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CIOs hybrid work strategies, spending, cloud app spend, SaaS spend, State of IT Mind report

Gartner: Worldwide IT Spending to Grow 3% in 2022

July 15, 2022 Alyssa Borelli Leave a Comment

Research firm Gartner forecasts worldwide IT spending to increase 3% this year, however at a much slower pace than in 2021. Spending cutbacks on PCs, tablets and printers by consumers and spending on devices is projected to shrink by 5%. John-David Lovelock, a distinguished research vice president at Gartner, says inflation and currency exchange rates […]

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Atera integrations

Gartner: Software, Services To Push Global IT Spending to $4.4 Trillion in 2022

April 6, 2022 Zachary Comeau Leave a Comment

Despite inflation, geopolitical disruptions and talent shortages, global IT spending is expected to rise by 4% and hit $4.4 trillion this year, according to Gartner. Despite “one of the noisiest years on record” for CIOs, who are dealing with geopolitical disruptions, inflation, currency fluctuations and supply chain challenges, IT decision-makers are accelerating their IT investments […]

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IT budget allocation, IT budget planning

Gartner: Software, IT Services Will Drive IT Spending To $4.5 Trillion In 2022

January 19, 2022 Zachary Comeau Leave a Comment

Based on the strong demand for enterprise software and technology services, global IT spending is expected to grow more than 5% to $4.5 trillion, according to research firm Gartner. The firm forecasts enterprise software to grow at a 11.0% clip in 2022 and 11.9% in 2023, good for the most growth of any segment over […]

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IT budget allocation, IT budget planning

Gartner: IT Spending To Hit $4.5 Trillion in 2022

October 21, 2021 TD Staff Leave a Comment

Driven largely by spending on enterprise software and IT services, Gartner is projecting worldwide IT spending to increase by 5.5% and hit $4.5 trillion in 2022. That follows the IT research giant’s forecast of 9.5% growth this year, which was driven by large increases in spending across the board. Gartner announced its IT spending forecast […]

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