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Global enterprise IT spending to hit $2.7 tr

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CIOL Bureau
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MUMBAI, INDIA: Worldwide enterprise IT spending is projected to total $2.7 trillion in 2012, a 3.9 per cent increase from 2011 spending of $2.6 trillion, according to Gartner, Inc.

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While enterprise IT spending growth is slowing (from the expected 5.9 per cent increase in 2011), analysts said it’s important to note that despite the global economic challenges, enterprises will continue to invest in IT.

“The days when IT was the passive observer of the world are over. Global politics and the global economy are being shaped by IT,” said Peter Sondergaard, senior vice president at Gartner and global head of Research.

He was providing the latest outlook for the IT industry today to an audience of 8,500 CIOs and IT leaders at Gartner Symposium/ITxpo here.

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Sondergaard added, “IT is a primary driver of business growth. For example, this year 350 companies will each invest more than $1 billion in IT. They are doing this because IT impacts their business performance.”

According to him, two-thirds of CEOs believe IT will make a greater contribution to their industry in the next 10 years than any prior decades.

“For the IT leader to thrive in this environment, IT leaders must lead from the front and re-imagine IT. IT leaders must embrace the post-modern business, a business driven by customer relationships, fueled by the explosion in information, collaboration, and mobility,” he explained.

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This new era brings with it urgent and compelling forces. They include: the cloud, social, mobility, and an explosion in information. “These forces are innovative and disruptive just taken on their own,” he continued, “but brought together they are revolutionizing business and society. This nexus defines the next age of computing. To understand this change, you must appreciate each of the forces.”

Cloud, social, information and mobile, combined the new nexus, where data centers will give way to data clouds, mobile devices become windows into personal clouds, personal computing will become massive collaborative computing, and information technologies will be overshadowed by information ecologies.

“The impact of these forces will make architectures of the last 20 years obsolete,” Sondergaard said. “Together, they force the issue — they drive us to create the post-modern business, drive simplicity and force creative destruction.”