IT spending transitions from 'supporting the business' to 'being the business' - Gartner

"CIOs have a balancing act to perform": the analyst predicts IT spending in EMEA will total $1.3trn by 2022

Kelsey Rees
clock • 2 min read
IT spending transitions from 'supporting the business' to 'being the business' - Gartner

Gartner has forecast IT spending in EMEA to total $1.3trn (€1.1trn) in 2022, up 4.7 per cent from 2021. The 2022 growth rate will be slower than in 2021, when EMEA IT spending is expected to grow 6.3 per cent, Gartner added. The analyst claims the biggest change moving forward will be how IT is financed, not how much it is financed. "IT is transitioning from supporting the business to being the business — which means spending on technology shifts from a cost of operations (selling, general...

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