Intelligent CIO Middle East Issue 06 | Page 16

TRENDING WORLDWIDE IT SPENDING FORECAST TO DECLINE 0.5% IN 2016, SAYS GARTNER Middle Worldwide IT spending is forecast to total $3.49 trillion in 2016, a decline of 0.5% over 2015 spending of $3.5 trillion, according to Gartner (see Table 1). This is down from last quarter’s forecast of 0.5% growth. The change in the forecast is mainly due to currency fluctuations. 16 INTELLIGENTCIO www.intelligentcio.com