Thursday, April 8, 2021

g-f(2)205 THE BIG PICTURE OF THE DIGITAL AGE (4/8/2021), Gartner, Gartner Forecasts Worldwide IT Spending to Reach $4 Trillion in 2021.


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Funding for New Digital Business Initiatives to Come From Outside of IT
  • Worldwide IT spending is projected to total $4.1 trillion in 2021, an increase of 8.4% from 2020, according to the latest forecast by Gartner, Inc. 
  • 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).
  • All IT spending segments are forecast to have positive growth through 2022 (see Table 1). The highest growth will come from devices (14%) and enterprise software (10.8%) as organizations shift their focus to providing a more comfortable, innovative and productive environment for their workforce. 


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    Category 2: The Big Picture of the Digital Age

    [genioux fact deduced or extracted from Gartner]

    This is a “genioux fact” fast solution.

    Type of essential knowledge of this “genioux fact”: Essential Deduced and Extracted Knowledge (EAK).

    Type of validity of the "genioux fact". 

    • Inherited from sources + Supported by the knowledge of one or more experts + Supported by research.


    Authors of the genioux fact

    Fernando Machuca


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    ABOUT THE AUTHORS



    Gartner, Inc, officially known as Gartner, is a global research and advisory firm providing information, advice, and tools for leaders in IT, finance, HR, customer service and support, communications, legal and compliance, marketing, sales, and supply chain functions. Its headquarters are in Stamford, Connecticut, United States. The firm changed its name from Gartner Group, Inc to Gartner in 2000. It is a member of the S&P 500.

    Research provided by Gartner has historically targeted CIOs, senior IT, marketing, and supply chain managers. The acquisition of CEB, Inc. has expanded its range and breadth of offerings to support every business function in every industry and enterprise size. Gartner clients include large corporations, government agencies, technology companies, and the investment community. Its client base consists of over 15,000 organizations in over 100 countries. The company's products and services include Research, Executive Programs, Consulting, and Conferences. Founded in 1979, Gartner has over 15,000 employees located in 100+ offices worldwide.


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