Tag: IT spending
2025 IT spending forecast: Big growth ahead for MSPs
While it’s difficult to predict with absolute certainty whether the economy will grow, a pair of reports suggest that there is a lot more optimism about IT spending. The market research firm Gartner is forecasting global IT spending will increase...
Wasted IT spending provides opportunity for MSPs
A survey of 503 IT professionals suggests there is much more focus on identifying and preventing wasted spending on applications and IT infrastructure. Conducted by Flexera, the survey finds 37 percent of respondents said wasted spending on infrastructure-as-a-service (IaaS) and...
Survey sees an increase in MSP IT spending
While no one knows for certain what percentage of the trillions of dollars spent on IT might be accounted for by managed service providers (MSPs), recent research suggests MSP IT spending is growing at a significant rate. A survey of...
MSP Insights: What to expect in 2024
It’s no secret that the fortunes of managed service providers (MSPs) are closely tied to the overall state of the economy, but with an uneven economic outlook for 2024, forecasting the year is more challenging than usual. While uncertainty remains,...
Optimism for IT spending in 2024
A survey of 1,000 business leaders in North America and Western Europe conducted by Endava, a provider of managed services, finds a full 81 percent are optimistic about where the economy is heading, with 75 percent planning IT spending and...
Survey sheds light on SMB IT spending trends
A survey of 375 IT decision-makers within small-to-medium businesses in the U.S. suggests that planned investments in IT in 2023 are contracting slightly because of continuing economic headwinds. Conducted by Analysys Mason, a management consulting firm, the survey finds that...
Cybersecurity tops IT spending priority list for 2023
A survey of 837 IT leaders and 201 line of business (LOB) executives conducted by the market research form Foundry, a unit of International Data Group (IDG), finds 91 percent of CIOs expect their technology budgets to either increase or...
Tips for MSPs to weather the economic storm
A major downturn in the global economic outlook is causing business and IT executives to reevaluate their IT spending priorities. In the wake of spiraling inflation driven by the ongoing conflict in Ukraine and rising oil prices, many of the...
IT spending patterns are starting to shift back to normal
It appears that more organizations are looking for some relief as a spate of IT spending growth from the start of the COVID-19 pandemic begins to kick in. A survey of 1,000 IT decision-makers in the U.S. and UK conducted...
Gartner sees continued robust demand for IT services
Gartner is forecasting that worldwide enterprise IT spending is projected to reach $4.5 trillion in 2022, an increase of 5.5 percent from 2021, with spending on IT services growing at robust 8.6 percent to reach $1.3 trillion. That growth in...