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IT spending 2016: The cloud drives software and data center increases

Worldwide IT spending is forecast to total $3.54 trillion in 2016, with software and data centers the big winners, while hardware spending will slump.

Analyst Gartner is predicting just a 0.6 percent spending increase this year compared with 2015, to $3.52 trillion. And if that sounds modest-but-OK, it’s worth remembering that in 2015 IT spending fell $216bn from the previous year — and Gartner says the levels of spending seen in 2014 won’t be beaten again until 2019. [1]

[1] By Steve Ranger for ZDNet

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