Annual IT spending in healthcare to boom

According to a new IT spending forecast report published by IDC Health Insights, IT investment by the Western European healthcare sector is forecast to grow from $13,2-billion in 2013 to $14,6-billion in 2018. Growth will be driven especially by software (4,6%), while...

Insurers to spend more than $1bn on ICT

Global insurers will increase IT spending to almost $101-billion in 2015, a year-on-year increase of 4,4% compared to 2014, with rigorous investments in technologies to boost efficiencies and innovation. This was unveiled in the recently published report by IDC...
Lower growth for global IT spend

Lower growth for global IT spend

Worldwide IT spending is on pace to total $3,8-trillion in 2015, a 2,4% increase from 2014; however, this growth rate is down from earlier projections of 3,9%, according to the latest forecast by Gartner. The slower outlook for 2015 is largely attributed to the rising...

New threats drive security spend growth

Worldwide spending on information security will reach $71,1-billion in 2014, an increase of 7,9% over 2013, with the data loss prevention segment recording the fastest growth at 18,9%, according to the latest forecast from Gartner.  Total information security spending...

Expanding banks to spend more on software

Banking and securities companies in the Middle East and North Africa will spend approximately $13,2-billion on IT products and services in 2014 – an increase of 2,7% over 2013 revenue of nearly $12,8-billion, according to Gartner. This forecast includes spending...