Global IT spend on track to hit $6,37trn

Global IT spend on track to hit $6,37trn

Worldwide IT spending is expected to reach $6,37-trillion in 2026, up 14,2% from 2025, according to the latest forecast by Gartner. “Data centre systems and infrastructure as a service (IaaS) are the top growth segments, reflecting accelerating investment in AI...

Strong dollar slows IT spend

Worldwide IT spending is set to shrink to $3,66-trillion in 2015, a 1,3% decrease from 2014, according to the latest forecast by Gartner which says that the rising dollar is chiefly responsible for the slowdown. “We forecast US-dollar-valued worldwide IT...

SA’s IT spend set to top $13bn

Overall IT spending in South Africa is expected to cross the $13-billion mark in 2015, according to the latest figures released today by International Data Corporation (IDC). The consumer, finance, and government verticals will lead the charge, with the former...

SA manufacturers set to increase IT spend

IT spending by manufacturers in the three core manufacturing countries of the Middle East and Africa (MEA) – Turkey, Saudi Arabia and South Africa – is set to grow almost 40% over the next five years, according to newly released data from IDC Manufacturing Insights....

IT spend set for growth in MEA

IT spending by financial institutions in the big four markets of the Middle East and Africa (MEA) – Saudi Arabia, South Africa, the UAE and Turkey – is set for strong year-on-year growth of 10,8% in 2014. This is according to the latest insights from...