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

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," said Gartner...