Worldwide IT spend tops USD3.6 trillion
COMPUTING| July 11, 2012, 11:40 a.m.
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.
MORE COMPUTING NEWS
Technology drives competitive advantage in West AfricaSage has attributed economic growth in West Africa sub region to developments in the region’s technology landscape. Read More
Networks Unlimited officially launches Mellanox Technologies Open Ethernet SolutionsNetworks Unlimited, a value-adding distributor of converged technology, data centre, networking, and security technology throughout Africa, has hosted the official Johannesburg launch of Mellanox Technologies, Read More
Resolving the data centre disconnectThe disconnect between virtualised applications and physical storage is costing businesses time and money. Read More
CPN could boost Nigeria’s revenue by N4.5b yearlyThe Computer Professionals (Registration Council of Nigeria) or CPN says it has the capacity to boost Federal Government’s revenue with N4.5 billion yearly. Read More
Nokia aims to make Ghana’s ICT market more dynamicNokia says the introduction of its first innovation road show in Ghana is geared towards offering the country’s ICT market the opportunity to benefit from Nokia’s state-of-the-art technologies and concepts to transform networks to be more dynamic, agile and evolving. Read More
M2M technology driving agriculture’s industrialisationThe agriculture and Information and Communications Technology (ICT) sectors are heading for a union that is being brought about by natural calamity, economic developments and changes in the ICT space. Read More
Penplusbytes to share experience at 8th ICT4D Conference in Nairobi, KenyaThe Executive Director of Penplusbytes, Kwami Ahiabenu II, will be speaking on promoting effective governance using ICTs at the eighth annual ICT4D conference underway in Nairobi, Kenya. Read More
Dirt to data – The new revolution in agricultureIt is estimated that, through technological innovation, the Internet of Things (IoT) has the potential to increase agricultural productivity in Africa by 70% by 2050. Read More
Criticism over Remita borne out of ignorance, says SystemSpecsThe CEO of SystemSpecs, the company behind the revenue-saving Nigerian Single Treasury Account (TSA) system, speaks to Biztechafrica. Read More
MainOne joins global effort to support women in ICTMainOne has lent its voice to the global campaign urging girls and young women to consider careers in the growing information and communications technology (ICT) sector during the International Girls in ICT Day. Read More
FEATURED STORYGovernment should encourage youths in ICT early
Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSThings to ask your MSSP to increase your network’s security
Arbor Networks has drawn up five questions to ask an MSSP to better ensure security throughout your organization.Networks Unlimited officially launches Mellanox Technologies Open Ethernet Solutions
Networks Unlimited, a value-adding distributor of converged technology, data centre, networking, and security technology throughout Africa, has hosted the official Johannesburg launch of Mellanox Technologies,