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IT spending in Australia is expected reach close to AU$110 billion in 2022, as the global spend hit US$4.4 trillion (~AU$5.9 trillion), according to a new forecast from Gartner.  The numbers show that Australia is expected to see a growth of 5.9 percent in 2022, down from the 6.4 percent growth this year.  However, the global rate is expected to drop from 8.6 percent growth this year to 5.3 percent in 2022, showing that the local market has greater consistency. The area of greatest improvement is in Data Centre Systems, a market which is expected to return to form after declining 8.2 percen...

IT spending in India to touch $93 billion in 2021 -- but it's still low! Gartner forecasts IT spending in India to grow 7.3 per cent this year. However, it's lower than the global average of 8.4 per cent Rukmini Rao | April 8, 2021 | Updated 18:37 IST Gartner in its latest forecast expects IT spending in India touch $93 billion in 2021, driven by digitisation of businesses outside of technology. Despite an increase of 7.3 per cent compared to last year, India's spend will be lower than global average, as worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4 pe...

IT spending in India is projected to total USD 93 billion in 2021, an increase of 7.3 per cent from 2020, according to research firm Gartner. The growth in India will be lower than the global average, as worldwide IT spending is projected to total USD 4.1 trillion in 2021, clocking an increase of 8.4 per cent from 2020, Gartner said in a statement. The source of funds for new digital business initiatives will more frequently come from business departments outside IT and charged as a cost of revenue or cost of goods sold (COGS), it added. The IT spending in the country is expected to furthe...