Tag: IT spending

Survey sees an increase in MSP IT spending

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...

/ April 29, 2024
MSP Insights: What to expect in 2024

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,...

/ January 10, 2024
Optimism for IT spending in 2024

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...

/ December 14, 2023
Survey sheds light on SMB IT spending trends

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...

/ June 14, 2023
Cybersecurity tops IT spending priority list for 2023

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...

/ February 6, 2023
Tips for MSPs to weather the economic storm

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...

/ May 17, 2022 / 6 Comments
IT spending patterns are starting to shift back to normal

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...

/ March 31, 2022
Gartner sees continued robust demand for IT services

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...

/ October 28, 2021
Report surfaces major gains for MSPs serving enterprise customers

Report surfaces major gains for MSPs serving enterprise customers

A report published this week by Information Services Group (ISG) shows the annual contract value (ACV) of managed services contracts valued at more than $5 million hit a record $8.4 billion for the third quarter, representing a 22 percent increase...

/ October 14, 2021
IT spending outlook for 2022 looks better than 2021

IT spending outlook for 2022 looks better than 2021

The outlook for IT spending for cloud and managed services for 2022 looks promising, assuming organizations can acquire the hardware needed to drive application deployments. A Spiceworks Ziff Davis (SWZD) survey of more than 1000 IT buyers in North America...

/ September 30, 2021