Worldwide IT spend tops USD3.6 trillion

COMPUTING

|
Image: By BiztechAfrica
Worldwide IT spend tops USD3.6 trillion

Worldwide IT spending is on pace to reach USD3.6 trillion in 2012, a 3% increase from 2011 spending of USD3.5 trillion, according to the latest outlook by Gartner. Gartner's 2012 IT spending outlook has been revised up slightly from the 2.5% projection last quarter.

Gartner's global IT spending forecast is relied upon by more than 75% of the Global 500 companies in their key technology decisions. The market segments are analysed by more than 200 Gartner business and technology analysts who are located in all regions of the world.

"While the challenges facing global economic growth persist — the eurozone crisis, weaker US recovery, a slowdown in China — the outlook has at least stabilised," said Richard Gordon, research vice president at Gartner. "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."

However, there are some bright spots for IT providers. In contrast to the rather lackluster growth outlook for overall IT spending, Gartner expects enterprise spending on public cloud services to grow from USD91 billion worldwide in 2011 to USD109 billion in 2012. By 2016, enterprise public cloud services spending will reach USD207 billion.

"Business process as a service (BPaaS) still accounts for the vast majority of cloud spending by organisations, but other areas such as platform as a service (PaaS), software as a service (SaaS) and infrastructure as a service (IaaS) are growing faster," Gordon said.

Worldwide IT services spending is forecast to reach USD864 billion in 2012, a 2.3% increase from 2011. 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.

The global telecom services market continues to be the largest IT spending market. Telecom services growth is expected to come not only from net connections, especially in emerging markets, but also in mature markets from the uptake of multiple connected devices, such as media tablets, gaming and other consumer electronics devices.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE COMPUTING NEWS

Moremi School launches own ICT Hub

Moremi III Memorial School in Maun has launched its own Information Communication Technology (ICT) hub aimed at improving the status of education at the school.  Read More

BT announces new AMEA cloud services

BT has announced new cloud services aimed at supporting the expansion plans of its customers in Asia-Pacific, the Middle East and Africa (AMEA). Read More

MWEB Business’ Top Technology Trends 2014 – 2015

MWEB Business predicts the top local technology trends for the coming year. Read More

2014 EMC Forum to be staged in Lagos

The 2014 edition of the annual EMC Forum themed ‘It’s Time To Redefine IT’ is set to be staged in Lagos on November 25, at the Expo Hall of Eko Hotel and Suites, Victoria Island.  Read More

Accenture previews digital disruption

Speaking at Oracle Day in Lagos, Accenture has outlined the digital transformations already taking place thanks to ICTs, and the ways in which technology will change lives in future. Read More

Preparing for the workplace of tomorrow using today’s insights

A new survey, 'Workforce 2020', has revealed that most companies are not prepared to capitalise on the forthcoming workplace changes. Read More

West Africa looks to smart cities technologies

Dare Ogunlade West African governments are showing increased interest in smart cities technology and the benefits they can offer citizens, says Cisco. Read More

Cisco Connect kicks off in SA

Den Sullivan With only 1% of devices that can be connected, currently connected to the internet, Cisco highlighted its vision for an Internet of Everything world at the opening of Cisco Connect in South Africa yesterday. Read More

Managed services born again in Africa

Thanks to the ever-evolving nature of technology and the rapid growth of cloud services in Africa, managed services has in effect been born again, says Gondwana International Networks (GIN) and iWayAfrica. Read More

CWG, Vodacom canvass local content in ICT

Olusola Teniola, Austin Okere and Mrs Newton-Denila Smarting from the success the Local Content Act has recorded in Nigeria’s oil and gas industry, CWG and Vodacom Business Nigeria have canvassed its application to the ICT industry. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

GSMA: half a billion mobile subscribers in SSA by 2020GSMA: half a billion mobile subscribers in SSA by 2020

The number of unique mobile subscribers in Sub-Saharan Africa will pass the half billion mark in 2020, says a new GSMA report.

IN DEPTH

Africa lags on digital migration Africa lags on digital migration

Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.  

COMPANY NEWS

The Business Network is the future

Hyper-connected business networks will extend business processes that used to stop at the walls of the enterprise, and will fulfill the promise of the real-time global networked economy to ...