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JOHN LOVELOCK
AI drives global IT spending to $6.31 trillion, but Indian IT firms face a margin squeeze, warns GartnerGlobal IT spending is surging due to Artificial Intelligence. India's IT sector sees a significant opportunity in managed services as compa...- IT spending in India to hit $112 billion, CIOs to invest more in productivity: reportThe IT spending in India is projected to reach $112.2 billion this year, slightly higher than last quarter's update, a report showed on Wed...
- Gartner slashes global IT spending forecast growth by half for 2023The downgrade is driven by inflation continuing to erode consumer purchasing power and device spending despite overall enterprise IT spendi...
- Indian IT spend to grow 7.7% this year, down from 21% in 2021Indian IT spend is expected to maintain robust 7.7% growth in 2022 as compared to 2021 growth rate of 21.2%.
- Gartner forecasts India IT spending to grow 8% in 2021Worldwide IT spending is projected to reach $4.2 trillion in 2021, an increase of 8.6% from 2020.
- After 3% decline in 2020, India’s IT spending to grow 6.8% to $89 billionGartner forecasts that worldwide IT spending will total $3.9 trillion in 2021, an increase of 6.2% from 2020.
- Gartner sees India’s IT spending outpacing global growth in 2021India’s IT spending is projected to grow 6.8% year-on-year to $88.8 billion in 2021. That compares with the 2.7% dip seen last year.
- Worldwide IT spending to grow 4% in 2021: GartnerEnterprise software is expected to have the strongest rebound in 2021, due to the acceleration of digitalisation efforts by enterprises sup...
- Global IT spending to reach USD 3.9 trillion in 2020: Gartner"With the waning of global uncertainties, businesses are redoubling investments in IT as they anticipate revenue growth, but their spending...
- Global IT spend projected to grow 6.2% this yearBut John-David Lovelock, research VP at Gartner, said the principal reason for the growth in spending is "currency tailwinds" caused by a d...
- Global IT spend to touch $3.68 trillion this year: GartnerAt about USD 3.52 trillion currently, it is expected to grow further by 2.7 per cent next year to touch USD 3.78 trillion.
- Delay in decision making because of strong dollar: John-David Lovelock, GartnerIn an exclusive chat with ET Now, John-David Lovelock, Research VP, Gartner, said that 2017 will be one of the best years for IT spending.
- Global IT spend to grow 1.4% to $3.5 tn in 2017: GartnerThis forecast is lower than the previous quarter's estimate of 2.7 per cent partly because of rising US dollar, Gartner said in a report.
- Worldwide IT spend to total $3.5 trillion in 2017, up 2.7 per cent over 2016: GartnerThe Gartner Worldwide IT Spending Forecast is the leading indicator of major technology trends across the hardware, software, IT services a...
- Worldwide IT spending to be flat in 2016 at $3.41 trillion: GartnerGlobal enterprise software spending is on pace to total $332 billion, a 5.8 percent increase from 2015 with North America driving this grow...
- Worldwide IT spending to decline by 0.5% in 2016: GartnerHowever, spending in the IT services market is expected to return to growth in 2016, totaling $929 billion, up 2.1 percent from 2015.
- Global tech spending set to drop 5.5% in 2015: Gartner"Price erosion and competitive threats are preventing revenue growth in proportion to increasing use within most national markets," Gartner...
- Rising dollar to pull global IT spends down 1.3 per cent in 2015: Gartner Research"The recent rapid rise in the value of the US dollar against most currencies has put a currency shock into the global IT market," he said.
- Worldwide IT spending squeezed by strength of dollar: GartnerThe research group was forecasting growth of 2.4% a quarter ago before the recent rise dollar put what it called a 'currency shock'.
- Global IT spending to reach $3.9 trillion in 2014: GartnerWorldwide IT spend is projected to touch USD 3.91 trillion in 2014, driven by growth in spending on devices and enterprise software, resear...
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