As IT departments get the green light to update systems and implement solutions, cloud computing is increasingly getting a slice of those IT budgets.
Cloud computing is on the list of top IT spending priorities for next year, according to Forrester Research.
Software spending worldwide will continue to grow with a big focus on the cloud, and these worldwide trends reflect the focus of midsize firms, according to an article on MidsizeInsider.com.
The Forrester research found that companies and governments spent more than $2 trillion on hardware, software and services. In the most popular segment, software firms allocated budgets for improving mobile apps, analytics, security and collaboration software. Software spending increased last year by more than $540 billion; it is expected to grow 3.3 percent this year and 6.2 percent in 2014, the largest projection for technology categories.