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
Managed services born again in AfricaThanks 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 ICTSmarting 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
Teachers recognised for best use of ICTsThe MTN Foundation and Cameroon’s Ministry of Secondary Education have recognised teachers who make the best use of ICTs in education. Read More
Use ICTs to boost entrepreneurship, DRC youth toldYoung people in the Democratic Republic of Congo (DRC) have been told to use the information and communication technologies (ICTs) in their quest to boost their entrepreneurship initiatives. Read More
LINKZ ICT challenge getting biggerThe fourth annual Botho University LINKZ ICT challenge this year attracted a sizeable number of students from both the tertiary and secondary school students. Read More
Closing the ‘mobile’ gap in your DR strategyAs technology has evolved, vulnerabilities have opened up in many organisations’ DR strategies and infrastructure, particularly with regard to mobility, says Drive Control Corporation. Read More
Congo’s financial sector ‘falling in love’ with ICTsThe financial sector in Congo-Brazzaville seems to be falling in love thick and fast with ICTs. Read More
Adapt to ICTs or die, DRC postal service toldOn Thursday 9 October 2014, while the world was celebrating World Postal Day, a top official of Société Congolaise de Postes et Télécommunications (SCPT) dropped a bombshell, saying that the country’s postal service needed to adapt to the information and communication technologies (ICTs) if it hoped ... Read More
Partnership enables immediate delivery of cloud servicesOn the back of its partnership with cloud distributor Cloud On Demand, local cloud service provider Alto Africa has dramatically increased the speed and delivery of its shrink-wrapped cloud solutions to customers. Read More
Oracle launches capacity-building programme to close IT skills gap in AfricaOracle Corporation has announced an initiative designed to enrich and increase the skills capacity of IT practitioners in Africa. Read More
FEATURED STORYGrowing African focus on data security
Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.
BEST READ NEWS
IN DEPTHAfrica 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.