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Cloud and cyber threats pushing European IT spending to $1 trillion next year

IT spending in Europe is projected to total $1.1 trillion in 2024, an increase of 9.3% from 2023, as businesses allocate more funding to cloud solutions and heading off cyber threats. That according to the latest forecast by Gartner, which says that despite a conflated economic situation, IT spending in Europe continues to be recession-proof. […]

Global government IT spending to grow 6.8%, fuelled by TX demand

Worldwide government IT spending is forecast to total $588.9 billion in 2023, an increase of 6.8% from 2022, fuelled by demand for consumer-like Total Experience (TX) strategies. “Government organizations are continuing to modernize legacy IT and invest in initiatives that improve access to digital services as constituents increasingly demand experiences that are equivalent to online […]