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IT spending will increase by 2.7 percent in 2017

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Gartner has tweaked its IT spending predictions for 2017, and now says the three per cent increase in spending is not exactly realistic. It's going to be less -- 2.7 percent to be exact, which is still a positive prognosis, keeping in mind we're talking about growth. The reduced spending is mostly to blame on the "wait-and-see" approach many companies are taking, caused by political and economic uncertainty. In total, Gartner believes $3.5 trillion will be spent on IT technology this year, mostly on new technologies like cloud or AI. Software will be dominating the spending, while hardware will "remain… [Continue Reading]

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