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
The blueprint for BYOD successJust like mobile analytics, big data, the internet, and social networks changed the way companies do business, so the adoption of mobile devices has become a catalyst for change in corporations and SMEs, says SAP Africa. Read More
Orange, GESCI to train teachers on ICTs in educationOrange has partnered with the Global E-Schools and Communities Initiative (GESCI) to support e-learning and integration of ICT in education. Read More
Cisco: the ICT behind the Commonwealth Games240km of fibre underpins the most connected Games ever to a wealth of bandwidth, says Cisco. Read More
Ghana to benefit from Solar Powered Internet School projectGhana is soon to benefit from Samsung's Solar Powered Internet School project, which is taking ICTs to schools across Africa. Read More
Schneider Electric introduces Smart-UPS fifth generation range to Southern AfricaSchneider Electric has announced that two next-generation models of its Smart-UPS uninterruptible power supply (UPS) units are now available locally. Read More
PC & console games revenues declineGlobal revenues from PC and console games will decline from $46.5bn this year to $41bn by 2019, but will continue to account for over 50% of industry revenues, says new research. Read More
First Pan-African Women in Tech virtual meetup in AugustThe first ever pan-African Women in Tech meet up will take place as a virtual event in August, supported by simultaneous live viewing events in Uganda, South Africa and Ghana. Read More
Schneider Electric announces winners of Go Green in the City 2014Schneider Electric, the global specialist in energy management, has announced the winner among the 24 finalists in its global business case challenge, Go Green in the City. Read More
VMware named a leader in 2014 Magic Quadrant for x86 server virtualization infrastructureVMware is positioned in the Leaders Quadrant of Gartner’s 2014 Magic Quadrant for x86 Server Virtualization Infrastructure for the fifth year in a row. Read More
FEATURED STORYNigeria’s VAS providers ‘on brink of extinction’
WASPAN chief Simon Aderinlola says unless the regulator intervenes, WASPAN may not have anything left to regulate. Kokumo Goodie reports.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.