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IT spend will reach $3.7 trillion in 2018

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Global spending on IT is expected to grow 4.3 percent next year, according to new estimates from market analyst Gartner. Gartner says spending is expected to hit $3.7 trillion next year, up from $3.5 trillion. The growth will be fueled mostly by communications services, followed by software spending which will see an increase of 9.4 percent next year, to a total of $387 billion. This year, it grew 8.5 percent. Spending on IT services will grow four percent this year, to $931 billion, and more next year -- 5.3 percent, up to $980 billion. What’s also interesting is that Gartner predicts growth… [Continue Reading]

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