Global IT spending expected to rise 8.4% to $4.1 trillion this year.
Chief information officers and other corporate technology leaders are moving on from stopgap information technology measures deployed during the coronavirus pandemic and eyeing more ambitious projects, according to the latest IT spending forecast by research and consulting firm Gartner Inc.
Companies world-wide are expected to spend $4.1 trillion on IT this year, up 8.4% from 2020 and regaining the pace of corporate IT growth before Covid-19 brought much of the global economy to a standstill .Many businesses are bolstering videoconferencing and collaboration tools, which helped support remote work during the crisis, as they lay the groundwork for a permanent shift to hybrid offices combining physical and virtual workspaces. Ramped up spending of more than 10% from last year on both enterprise software and devices is expected to lead the gains, Gartner said.