Link: Gartner: IT spending to hit $3.7 trillion thanks to record 6.2% growth in 2018

“This is the highest annual growth rate that Gartner has forecast since 2007 and would be a sign of a new cycle of IT growth,” said John-David Lovelock, a research vice president at Gartner. “However, spending on IT around the world is growing at expected levels and is in line with expected global economic growth. Through 2018 and 2019, the U.S. dollar is expected to trend stronger while enduring tremendous volatility due to the uncertain political environment, the North American Free Trade Agreement renegotiation and the potential for trade wars.”
Original source: Gartner: IT spending to hit $3.7 trillion thanks to record 6.2% growth in 2018

Link: Don’t make the mistake of thinking the CIO is irrelevant – TechRepublic

“The world isn’t about to end, however. Yes, Forrester reveals in its “Understanding Shifting Technology Acquisition Patterns” research note that lines of business are taking on a greater role in technology purchasing, removing IT from the purchasing process in 6.3% of new technology purchases in 2013, rising to 7.2% in 2015, while IT-only purchases will fall from 23.7% (2013) to 21.6% (2015).”

From 2014.

Source: Don’t make the mistake of thinking the CIO is irrelevant – TechRepublic

Currency markets screwing up global IT spending

At first they was like:

The re-forecast indicates global expenditure will shrink 1.3 per cent on 2014 to $3.66tn, which is way off last year’s prediction of 3.9 per cent growth, later revised to a more modest rise of 2.4 per cent in January.

Then they was like:

Removing the currency effect [of the “strong dollar”] reveals a different story Lovelock said: the market would be growing closer to 3.1 per cent.

Yeah. Good luck figuring that out. So, people are still buying more IT globally, right?

Currency markets screwing up global IT spending

For those who don’t have 3.5 hours, some highlights from #TheAppGap

As I mentioned, a few weeks back I was in a recorded “think tank” put on by Dell which was, largely, about the changing nature of IT and how CIOs could go about managing it. For those who don’t want to nuzzle up to a 3.5 hour recording (perhaps with a six pack and some chips?), Dell has pulled some highlights:

“What do customers expect in an application today?”

IT is facing competition for the first time ever

The Web Of C-Level Relationships

The Willy-wonky of Servers talks about “persistently, ubiquitously connected to the network era”

And check out Barton’s omnibus overview. For the record, I got a much needed hair-cut the next week.

Our recent research finds that since the middle of the 1990s, which marked the mainstream adoption of the internet and commercial enterprise software, competition within the U.S. economy has accelerated to unprecedented levels.

Tellingly, the changes in competitive dynamics are most apparent in precisely those sectors that have spent the most on information technology, even when we controlled for other factors.

CVS, Cisco, and Otis Elevator are among the many companies we’ve observed gaining a market edge by competing on technology-enabled processes—carefully examining their working methods, revamping them in interesting ways, and using readily available enterprise software and networking technologies to spread these process changes to far-flung locations so they’re executed the same way every time.