November 15, 2012

Gartner: “Scant Growth” In Global Enterprise IT Spending This Year, But 2.5% Rise Projected For 2013

Server room

A deterioration in the global economic outlook this year is leading to scant overall growth in enterprise IT spending, according to Gartner. However the analyst says its third quarter outlook points to âmore substantial growthâ next year â assuming what it calls âsignificant fiscal crisesâ are avoided in the U.S. and Europe. Its view is that enterprises have cut IT spending so much they have little room to reduce it further. Itâs forecasting a 2.5 percent increase on projected 2012 spending of $2.603 trillion next year â taking enterprise IT spending to a total of $2.679 trillion in 2013.

âThe global economic outlook has deteriorated in 2012, leading to scant overall growth in enterprise IT spending,â said Kenneth Brant, research director at Gartner in a statement. âHowever, our third-quarter outlook points to more substantial growth in 2013, if significant fiscal crises are avoided in the US and Europe, and in subsequent years. Most organisations have already significantly cut discretionary IT spending growth over the past several years and, barring a global economic catastrophe and significant contraction of operations, they have little room to reduce IT spending further over the long run.â


Read more at TechCrunch
Click Here!