Spending on information technology worldwide is expected to see little growth in 2016, although organizations will pony up more for data center technology, software, and IT services. Those are among the conclusions of Gartner, which yesterday released its Worldwide IT Spending Forecast for 2016.
According to Gartner, worldwide IT spending is forecast to total $3.54 trillion dollars in 2016. That is just a 0.6 percent increase over 2015 spending of $3.52 trillion dollars. Last year saw the largest U.S. dollar drop in IT spending since Gartner began tracking IT spending, the firm noted: $216 billion dollars less was spent on IT in 2015 than in 2014, and 2014 spending levels won’t be surpassed until 2019.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access