Worldwide IT Spending To Surpass $3.6 Trillion In 2012, Says Gartner

Posted on Jul 9 2012 - 10:58am by Editorial Staff

Gartner today released its latest report saying that the worldwide IT spending is on pace to reach $3.6 trillion in 2012, a total of 3 percent rice from previous year. Gartner’s global IT spending forecast is based upon by more than 75 percent of the Global 500 companies.

Gartner expects enterprise spending on public cloud services to grow from $91 billion worldwide in 2011 to $109 billion in 2012. By 2016, enterprise public cloud services spending will reach $207 billion.

While the worldwide IT services spending to reach $864 billion in 2012, a 2.3 percent increase from 2011 whereas demand for consulting services expected to remain high due to the complexity of environments for global business and technology leaders.

(Image Source: Gartner Report)

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.