TRENDING
Peter Sondergaard, senior vice president and global head of research at Gartner, provided the latest outlook for the IT industry today to an audience of more than 600 CIOs and IT leaders at Gartner Symposium / ITxpo, which is taking place here through March 3, that interconnections, relationships, and algorithms are defining the future of business.
“ There is an undercurrent of economic uncertainty that is driving organisations to tighten their belts, and IT spending is one of the casualties,” said John-David Lovelock, research vice president at Gartner.
“ Concurrently, the need to invest in IT to support digital business is more urgent than ever. Business leaders know that they need to become digital businesses or face irrelevance in a digital world. To make that happen, leaders are engaging in tough cost optimisation efforts in some areas to fund digital business in others.”
“ As an example, the savings from legacy system optimisation and enhancements are being redirected to fund digital initiatives. It’ s about doing more with the same funds,” said Mr. Lovelock.“ Typically, less than 10 percent of organisations are in cost optimisation or cost cutting mode. However, the need to spend on digital business initiatives in a time when revenue growth does not
GLOBAL ENTERPRISE SOFTWARE SPENDING IS ON PACE TO TOTAL $ 321 BILLION, A 4.2 % INCREASE FROM 2015. THE OPERATING SYSTEM FORECAST HAS BEEN DOWNGRADED, REFLECTING GARTNER’ S EXPECTATION FOR FURTHER DELAYS IN THE ADOPTION OF WINDOWS 10 AND WINDOWS SERVER 2016 www. intelligentcio. com INTELLIGENTCIO
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