Global IT spend 2023: 'Businesses are much more cost-conscious than a year ago'

Vendors and resellers experienced a sharp decline in growth while others continued to benefit from long-term enterprise commitment to cloud, digital transformation and security investments.  According to IDC's latest worldwide IT spending growth forecast, overall growth this year will rise 4.8 per cent to $3.27tn, a slight improvement on last month's predictions, which reflects resilient IT services market performance.  Figures found that IT services growth is expected to hit almost six...