IT Spending

Worldwide banking and investment services IT spending is forecast to total $652.1 billion in 2023, an increase of 8.1% from 2022, according to Gartner, Inc. Spending on software will see the largest growth with an increase of 13.5% in…

Global information technology (IT) research firm Gartner Inc. has cut its forecast for worldwide IT spending growth for 2023 to 2.4% from a 5.1% projected earlier. The firm is seeing $4.5 trillion worth of spending in the current calendar…

The IT spending in India is likely to reach $114.9 billion in 2022, a Gartner report said on Friday. Global economic uncertainty continues to be an area of concern for Indian enterprises. Indian IT spending is expected to maintain robust…

The IT spending in India is likely to reach $114.9 billion in 2022, a Gartner report said on Friday. Global economic uncertainty continues to be an area of concern for Indian enterprises. Indian IT spending is expected to maintain robust…

The government IT spending in India is likely to reach $9.5 billion in 2022, an increase of 12.1 per cent from last year, a new report said on Monday. Software will continue to be the highest growing segment in India this year, followed by…

Global spending on the digital transformation (DX) of business practices, products and organisations is forecast to reach $1.8 trillion in 2022, an increase of 17.6 per cent over 2021.The DX priorities that will see the largest investment…

Overall IT spending in India is predicted to reach $110.6 billion in 2022, up 6.3% from 2021, as inflation, geopolitical instability, and skill shortages are not expected to slow down IT investments, according to a Gartner report. In India,…

New Delhi: Indian companies will spend an estimated $105.2 billion on IT in 2022, 5.5% more than in 2021, according to a report by research and consulting company Gartner. The report said that despite the potential impact of the Omicron…

BENGALURU: IT spending in India is pegged at $105.2 billion in 2022, an increase of 5.5% year-on-year, said Gartner. The worldwide IT spending is projected at $4.5 trillion in 2022, an increase of 5.1% from 2021. Despite the…

With an increase of 5.1 per cent from 2021, the global IT spending is projected to reach $4.5 trillion this year, a new report has said. Despite the potential impact of the Omicron variant, economic recovery with high expectations for…