Worldwide IT spending is projected to total $3.5 trillion in 2017, a 2.7 per cent increase from 2016, according to Gartner, Inc. However, this growth rate is down from earlier projections of 3 per cent.
"2017 was poised to be a rebound year in IT spending. Some major trends have converged, including cloud, blockchain, digital business and artificial intelligence. Normally, this would have pushed IT spending much higher than 2.7 percent growth," said John-David Lovelock, research vice president at Gartner. "However, some of the political uncertainty in global markets has fostered a wait-and-see approach causing many businesses to forestall IT gpotdopiyph."
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"2017 was poised to be a rebound year in IT spending. Some major trends have converged, including cloud, blockchain, digital business and artificial intelligence. Normally, this would have pushed IT spending much higher than 2.7 percent growth," said John-David Lovelock, research vice president at Gartner. "However, some of the political uncertainty in global markets has fostered a wait-and-see approach causing many businesses to forestall IT gpotdopiyph."
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