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Worldwide IT spending is expected to total $5.06 trillion in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner, Inc. This is an increase from the previous quarter’s forecast of 6.8% growth and puts worldwide IT spending on track to surpass $8 trillion well before the end of the decade. “With spending on IT services on track to grow by 9.7% to eclipse $1.52 trillion, this category is on pace to become the largest market that Gartner tracks,” said John-David Lovelock , Distinguished VP Analyst at Gartner. “Ent ...
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By 2028, 75% of enterprise software engineers will use AI code assistants, up from less than 10% in early 2023, according to Gartner, Inc. Sixty-three percent of organizations are currently piloting, deploying or have already deployed AI code assistants, according to a Gartner survey of 598 global respondents in the third quarter of 2023. “Software engineering leaders must determine ROI and build a business case as they scale their rollouts of AI code assistants,” said Philip Walsh, Sr Princ...
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“Organizations worldwide are facing sophisticated ransomware, attacks on the digital supply chain and deeply embedded vulnerabilities,” said Peter Firstbrook, research vice president at Gartner. “The pandemic accelerated hybrid work and the shift to the cloud, challenging CISOs to secure an increasingly distributed enterprise – all while dealing with a shortage of skilled security staff.” · These challenges lend themselves to three overarching trends impacting cybersecurity practices...
See the most recent forecast here. Worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 3% from 2021, according to the latest forecast by Gartner, Inc. While IT spending is expected to grow in 2022, it will be at a much slower pace than 2021 due to spending cutbacks on PCs, tablets and printers by consumers, causing spending on devices to shrink 5%. “Inflation is top of mind for everyone. Central banks around the world are focusing on fighting inflation, with overa...