Tuesday, October 15, 2013

Gartner's 2013 Global IT Spending Forecast Downgrades

By Joesph B. Kappernick


At the beginning of the year Gartner had forecast Global IT spending at 4.1 percent. Since then, they have lowered their expectations to 2 percent. The reduction "mainly reflects the impact of recent fluctuations in U.S. dollar exchange rates," said Gartner "Global IT spending is growing, albeit cautiously".

Due to weaker sales in the PC market, Gartner also adjust the forecast for this department. 7.9 percent down to 2.8 percent. Even if the projected new devices hit the market in the second half of the year, it is not hopeful that their sales will compensate for the monies lost during the first half of the year.

IT services are expected to grow at 2.2 percent, while data center systems are predicted to grow by 2.1 percent. What does that mean for your business?

BYOD is a universally impacting program. IT has to prepare for higher spending due to higher demands in mobile device management; network security, bandwidth, and IT support. If your business is not ready this, it can have negative repercussions.

Due to booming sales in tablets and mobile devices, software vendors are looking for ways to best profit from this growth. The response from major software vendors to this has been via licensing. They are directing their new terms to be more device-based in so enforcing "third party access" restrictions.

With the resurgence of telecom, up 0.9 percent this year. Now is the time to look at your TEM policies and evaluate how they are working for you. If your company does not have a strict TE M policy in force now is the time to start one, Since there is little price competition in both the fixed and mobile markets, add that to the list complexities on telecom expense management it only equals to a hard to manage expense. Create your policies or consult a third-party expert today.




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