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

BNPC releases Global Information Technology Report 2015

The Botswana National Productivity Centre (BNPC) in partnership with Ministry of Transport and Communications and its related public institutions, has released the 2015 Global Information Technology Report (GITR).  Read More

Africa’s competitive business environment spurs IT services adoption

Emerging African economies are increasingly embracing IT services solutions in a bid to support their growth initiatives, according to the latest insights released by International Data Corporation (IDC). Read More

DevOps: The worst-kept secret to winning in the application economy

CA reveals how DevOps is the key to winning in the brave new world of the application economy.   Read More

Tech in South Sudan “born with teeth” – analyst

South Sudan was “born with teeth” as far as its ICT development is concerned, according to an analyst, with the country having made positive steps even pre-independence. Read More

Innovative BAC Stand gets an A++ at BTE Fair 2015

BAC Executive Director Mike Lesolle Botswana Accountancy College (BAC) which recently unveiled two new industry technology courses received top accolades among several other international awards for their exhibition stand at the Botswana Tertiary Education Conference and Fair 2015 (BTEF).  Read More

@iLabAfrica to stage kids’ ICT boot camp

@iLabAfrica, Strathmore University is organizing a 9-day Holiday Boot Camp for Primary and High School Students from 7th April 2015 to 17th April. Read More

Light sensor market to grow 16% by 2016

Samsung, Apple and Chinese OEMs will drive revenue in the light sensor market to grow 16 percent between 2013 and 2016, according to a new report from IHS.  Read More

Nairobi to host regional digital fair

Nairobi is set to host the second annual East Africa digital Marketing Summit & Show, an annual event designed to bring together key players in the digital marketing space from the East African region. Read More

Is Africa ready to facilitate large-scale satellite deployments?

With the advent of High Throughput Satellite (HTS) services within Africa’s connected business environment, the question of what happens with the remainder of the satellite supply value chain is relevant. Read More

VMware unveils vCloud for NFV with Integrated OpenStack to accelerate service innovation

VMware, the global leader in virtualisation and cloud infrastructure, today debuted VMware vCloud for NFV, an integrated Network Functions Virtualization (NFV) platform that will combine VMware’s production-proven virtualised compute, networking, storage and management solutions with integrated OpenStack support.  Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

e-commerce space untapped, says phonekings heade-commerce space untapped, says phonekings head

E-commerce is the future, says the head of a new online electronics mall launched in Nigeria. Tayo Olusanya spoke to Kokumo Goodie in Lagos.

IN DEPTH

Villagers get solar training at Barefoot College Villagers get solar training at Barefoot College

The Botswana Human Resource Development Council (HRDC) has seconded seven semi-illiterate mostly Ngwatle villagers for a six month solar electrification training course at the famed Barefoot College in India. 

COMPANY NEWS

Schneider Electric sponsored runner wins 2015 Paris Marathon

Ethiopian runner, Meseret Mengistu (26), has won the prestigious 2015 Schneider Electric Marathon de Paris women’s race in 2:23:24. 

CNN, MultiChoice launch 20th African Journalist Awards

CNN International and MultiChoice this week officially launched the CNN MultiChoice African Journalist 2015 Awards.