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Global IT and 'Cloud' Spending Set to Soar Thru' 2016

Bottom Line: By 2016, enterprise public cloud services spending worldwide will reach $207 billion, predicts leading IT research and advisory company Gartner Inc.


IT spending worldwide is on course to reach $3.6 trillion in 2012, 3% up on 2011's total of $3.5 trillion, according to Gartner. But the outlook is not all sweetness and light, warns the company's research vice president Richard Gordon: "While the challenges facing global economic growth persist — the Eurozone crisis, weaker US recovery, a slowdown in China ...

[Estimated timeframe: Q3 2012 - 2016]

... the outlook has at least stabilized."

"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." 

Worldwide IT services spending is forecast to reach $864 billion in 2012, a 2.3% increase from 2011 (Table 1 below).

Demand for consulting services is expected to remain high due to the complexity of environments for global business and technology leaders. Gartner analysts said consulting itself is becoming increasingly technology-based with the rise of analytics and big data, having deep implications on the future of consulting services.

To read the full Gartner report click here.

Factual data only is sourced from the original attributed article. The data is then enhanced by additional research and comment.

Email this article Source: Gartner.com
MT article URL: http://www.marketingtomorrow.com/article.aspx?id=5871



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