Tag: spending
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Relative to your interests, Friday
From: The adorable love story behind Wikipedia’s ‘high five’ photos ICYMI Original content published since last time. Shadow AI and Who Is Watching What the AI Bill Actually Looks Like People Actually Using It More Wastebook All things are possible, but this thing is more possible. AI Summaries I wanted to read these, but I…
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$30bn of $6tn
‘“The availability of AI devices has also boosted overall spending by more than $30 billion,” Lovelock said. “With the replacement cycle unchanged, the stronger performance in 2025 will result in a lower relative growth rate for 2026, as demand has been pulled forward.”’ 🔗 Global IT spend to exceed $6 trillion in 2026
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U.S. Economy Being Powered by the Richest 10% of Americans – Never mind the, like, morals?…doesn’t seem very anti-fragile. “Those consumers now account for 49.7% of all spending, a record in data going back to 1989, according to an analysis by Moody’s Analytics. Three decades ago, they accounted for about 36%.” One estimate: “spending by…
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– Gartner Raises IT Spending Forecast For 2024 Again – IT Jungle – “Gartner thinks that spending on servers, storage, and networking for the datacenters of the world will rise by 34.7 percent in 2024 to just a hair over $318 billion. We have not seen this kind of growth since the recovery after the…
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– Gartner Forecasts IT Spending in Europe to Grow 8.7% in 2025 – “Europe has seen a remarkable 46% increase in server spending by technology providers in 2024. In 2025, technology companies will continue building out the infrastructure needed for training GenAI models today and inferencing them in the future.”
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🗂 Link: What Cloud Vendors Really Want From Their Customers
How much a customer spends on an annual basis is absolutely an indicator of strength, both internally and to the market. It is also a clear indicator of being able to effectively execute to the often-publicized overarching objective of expanding the customer base’s portfolios of products over the course of the relationship and since inception.…
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Link: Private cloud spending is increasing, not decreasing
By end of the year, IDC projects public cloud spending will account for 68.2 percent of total IT equipment spending, growing at an annual rate of 36.9 percent. Original source: Private cloud spending is increasing, not decreasing
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Link: Here are five hidden trends in corporate America’s travel and expenses as online services take over
Spending in the $1.4 trillion business travel market, of the non-travel type: “Starbucks is clearly not just for coffee, according to corporate expense receipts. On average, employees spent $13.21 per visit to Starbucks in 2017, up nearly 40 percent since 2013. That means people are buying more than just coffee, which costs about $4, depending…
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Link: Worldwide Spending on Security Solutions Forecast to Reach $91 Billion in 2018, According to a New IDC Spending Guide
“Worldwide spending on security-related hardware, software, and services is forecast to reach $91.4 billion in 2018, an increase of 10.2% over the amount spent in 2017.” Also, a breakdown of spending per industry and type of security product. Original source: Worldwide Spending on Security Solutions Forecast to Reach $91 Billion in 2018, According to a…
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Link: Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC
Includes an interesting chart that lists the types of services/features (like data management and appdev platforms) that compose vendor revenue. Plus geographic and vertical rankings. But, just a press release. Original source: Worldwide Public Cloud Services Spending Forecast to Reach $160 Billion This Year, According to IDC
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Global IT spend at $2.4 trillion in 2017, 3.5% growth, IDC
Worldwide revenues for information technology (IT) products and services are forecast to reach nearly $2.4 trillion in 2017, an increase of 3.5% over 2016. In a newly published update to the Worldwide Semiannual IT Spending Guide: Industry and Company Size , International Data Corporation (IDC) estimates that global IT spending will grow to nearly $2.65…
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Global SMB IT spend heading towards $600 billion
“It predicts that global SMB IT spend – defined as firms with between one and 999 employees – could reach $597 billion this year, equating to an average of $700 per full-time employees and just over $8,000 per SMB business.” Global SMB IT spend heading towards $600 billion
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Spending all your money just keeping the lights on
Researchers have found that IT departments typically spend 75% of their time, money and resources simply keeping things running on a daily basis, leaving only 25% of efforts dedicated to new strategic initiatives. –Getting Control of the Application Portfolio This kind of thing is always suspect, and with the source it’s likely scopes to banks.…
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