Global IT spending to hit $4.2trn in 2021 - Gartner

Kelsey Rees
clock • 1 min read
Global IT spending to hit $4.2trn in 2021 - Gartner

The analyst claims CIOs are looking for partners who can 'think past the digital sprints of 2020 and be more intentional in their digital transformation efforts'

Global IT spending is projected to total $4.2trn (€3.5trn) in 2021, a jump of 8.6 per cent from last year, according to the latest forecast by Gartner. The analyst said that, as companies still suffer sales declines, IT spending is accelerating ahead of revenue expectations.  It added boards and CEOs are much more willing to invest in technology that has a clear tie to business outcomes, and less so for everything else.  "Technology spending is entering a new build budget phase," sai...

To continue reading this article...

Join Channel Partner Insight

  • Exclusive news, insight and analysis for the IT channel across the US and Europe
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with an exclusive members-only podcast
  • Breaking news stories delivered straight to your inbox daily

Join now

 

Already a member?

Log in

More on Solution Provider

EMEA swells almost 150 per cent in Q1 for Softline

EMEA swells almost 150 per cent in Q1 for Softline

IT Services spiked more than 80 per cent while its software & cloud business earned the bulk of turnover

Kelsey Rees
clock 19 August 2022 • 3 min read
'Erratic' chip supply set to impact the channel's revenues 'for rest of 2022' - IDC

'Erratic' chip supply set to impact the channel's revenues 'for rest of 2022' - IDC

Shipments of microchips are likely to be unreliable despite availability of them showing early signs of improvement

clock 18 August 2022 • 2 min read
Michael Guschlbauer, COO System House & Managed Service, Bechtle

Bechtle's Michael Guschlbauer: 'The main trend in managed services right now is customers wanting platform services, and more scalable services'

CPI had an extensive chat with the COO of Bechtle’s System House & Managed Service unit to hear why the group is all about the multi-cloud

Kelsey Rees
clock 18 August 2022 • 4 min read