The responses align with IDC’s predictions that IT spending on cloud infrastructure — servers, enterprise storage, and Ethernet switches for the enterprise private cloud and colocation services — will increase by 15.5% in 2016 to reach $37.1 billion.
The long-term IDC forecast sees spending on IT infrastructure for cloud environments growing at a 13.1% compound annual growth rate, which will result in a total spend of $59.5 billion in 2020, or 48.7% of the total spending on enterprise IT infrastructure.
Overall, IDC predicted information technology spending worldwide will hit $2.7 trillion by 2020, led by the financial services, manufacturing, and healthcare sectors.
According to Gartner, global IT spending is slated to rise slightly in 2017, with enterprises looking to invest about $3.5 trillion on technology in the next year — an increase of 2.9% compared to the estimated figure for 2016, according to Gartner.
Business intelligence (BI), analytics, cloud services, digital market management, and security are among the top technology areas identified as spending priorities by respondents to the Gartner 2017 CIO Agenda survey.
What are your IT spending priorities for 2017? How do they stack up to the findings in our flash poll? Tell us all about it in the comments section below.