Global IT spending on the rise

@ 2016/10/25
$3.5 trillion in 2017

Beancounters at Gartner Group have added up some numbers and divided by their shoe size and worked out that Worldwide IT spending will reach $3.5 trillion in 2017, up 2.9 per cent from 2016

The growth is apparently due to the growth in software and IT services revenues. Software spending is projected to grow 6 per cent in 2016, and it will grow another 7.2 per cent in 2017 to total $357 billion. IT services spending is on pace to grow 3.9 per cent in 2016 to reach $900 billion, and increase 4.8 per cent in 2017 to reach $943 billion.

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