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IT Spending

Why Data Compliance is Critical for Your Business

The regulatory environment is a complex one that impacts all facets of a business. And if dealing with the continually evolving South African compliance landscape is not challenging enough, companies must also keep in mind new EU regulations that...

COVID-19 to Cut IT Spending in Nearly Every Industry in 2020

The International Data Corporation (IDC) currently forecasts worldwide IT spending to decline by 2.7% this year due to the economic impact of the worldwide COVID-19 pandemic. While every industry will be affected by the global slowdown, IDC notes that some...

Global IT spending to grow 6.2 percent in 2018, says Gartner

Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 6.2 percent from 2017, according to the latest forecast by Gartner. "Although global IT spending is forecast to grow 6.2 percent this year, the declining US...

IT spending projected to total $3.7 trillion in 2018

Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 4.5 percent from 2017, according to the latest forecast by Gartner. "Global IT spending growth began to turn around in 2017, with continued growth expected over...

Middle East, Africa IT Spending to Top $110 Billion for the Year Despite Challenging Economic Conditions

According to the latest 'Worldwide Semiannual IT Spending Guide, annual IT spending in the Middle East and Africa (MEA) is predicted to reach $110.94 billion this year, representing year-on-year growth of 5.1%. The global technology research and advisory services...

South African IT spend to grow 3.8 percent in 2016

Cape Town, South Africa, 2nd August, 2016 — South Africa IT spending is forecast to total R272 billion in 2016, a 3.8 percent increase from 2015, according to Gartner, Inc. (see Table 1). Software spending is on pace to exhibit...

Digital Transformation and the Rise of Enterprise Apps

The enterprise software market is growing thanks in great part to the rise in digital transformation projects. IT spending in South Africa is expected to reach $26.6 billion in 2016, an increase of 5.1 percent from 2015, according to...

Worldwide IT spending is forecast to grow 0.6 percent in 2016

Worldwide IT spending is forecast to total $3.54 trillion dollars in 2016, just a 0.6 per cent increase over 2015 spending of $3.52 trillion dollars, according to Gartner, Inc. 2015 saw the largest US dollar drop in IT spending since...

Worldwide IT spending to decline 1.3 percent in 2015

Worldwide IT spending is set to shrink to $3.66 trillion in 2015, a 1.3 per cent decrease from 2014, according to the latest forecast by Gartner. Gartner said that the rising dollar is chiefly responsible for the slowdown. "We forecast...

MEA to see 10.7% spending increase in 2011

The Middle East and Africa (MEA) will benefit from a 10.7% increase in IT spending in 2011. According to IDC, a research firm, this investment will drive deployment and adoption of e-government services across the region. The company said that it...
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The Power of Bitcoin in an Interest Rate Cut Resistant Economy

As the global financial landscape undergoes significant shifts, one emerging observation is the likely de-sensitization of the U.S. economy...
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