Modest gains for home entertainment market

Spending on movies and TV shows in the home entertainment market eked out 1% growth in 2013, the second straight year of increase after declining at a 3% compound annual rate from the market peak in 2004 through 2011. This is according to preliminary estimates of the...

IT spend shifts to as-a-service platforms

Organisations’ need to drive innovation and growth, coupled with a limited budget and the mainstreaming of consuming technology “as a service”, is creating the perfect condition for integrated platform solutions. In today’s blog post, Susan Tan, research director at...

Financial services set to spend $430bn on IT

IDC Financial Insights forecasts worldwide financial services IT spending will top $430-billion in 2014. According to new Worldwide IT Spending Guides: * Banks will account for half of the worldwide total in 2014 with IT spending forecast to be $215-billion; *...

Forrester drops tech spend forecast

Forrester has dropped its global technology spending forecast in its midyear outlook. In January, Forrester forecasted a 3,3% (US dollars) increase in its tech spending forecast; in its latest forecast, Forrester has brought the forecast down to 2,3%. Why the drop?...

US govt cloud spend on the increase

IDC Government Insights has announced a first of its kind forecast that examines how the US Federal government is spending part of its IT budget on cloud-based solutions. According to the new report, Perspective: Growth and Slight Contraction – Government Cloud...