spending forecast
Enterprise software spending set to grow thanks to AI and digital boost
Gartner's latest IT spending forecast has predicted a massive boost in IT spending on enterprise software. The analyst forecast that enterprise software will continue to show strong growth, with worldwide software spending increasing by 9.5% in 2018 and by 8.4% in 2019 to reach a total of $421bn. The current potential of the UK technology industry is restricted by the lack of tech and digital talent available. You forgot to provide an Email Address. This email address doesn't appear to be valid.
IT Spending Forecast, 4Q17 Update: What Will Make Headlines in 2018?
Global IT spending growth began to turnaround in 2017 with annual increases expected through 2021. However, uncertainty looms as organizations consider potential impacts of Brexit, currency fluctuations, and a possible global recession. Despite uncertainty, businesses will continue to invest in IT as they anticipate revenue growth, but their spending patterns will shift. Projects in digital business, blockchain, IoT, and progress from algorithms to machine learning through artificial intelligence (AI) will continue unabated. In this webinar, Gartner will walk through four different headlines that will emerge in 2018 as massive changes to the status quo.