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Global IT spending to hit $3.7 trillion in 2013

Date: 21st January 2013

IT spending around the world is likely to hit US$3.7 trillion for the coming year, according to a report from Gartner. The latest projection calls for an increase in spending of 4.2% in 2013, an improvement over Gartner’s 3.8% estimate from last year’s third quarter. But the rise will mostly derive from growth in the value of foreign currencies versus the dollar, the research firm said. With that piece out of the picture, the actual gain would be around 3.9%.

“Uncertainties surrounding prospects for an upturn in global economic growth are the major retardants to IT growth,” Richard Gordon, a managing vice president at Gartner, said in a statement. “This uncertainty has caused the pessimistic business and consumer sentiment throughout the world. However, much of this uncertainty is nearing resolution, and as it does, we look for accelerated spending growth in 2013 compared to 2012.”$3.7-trillion-in-13/

Keysource says: The continuing consumerisation of IT and the growth of cloud computing is driving this increase in spending and the need for highly efficient data centres. Therefore, we expect strong demand during 2013 for new facilities that can effectively support critical IT and communications systems, ensuring maximum availability, flexibility and efficiency.


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