Accomplish much more, very rapidly, while spending less – this is the business technology trend that savvy executives everywhere have embraced. Worldwide IT spending will reach a total $3.7 trillion in 2014, that’s a 2.1 percent increase from last year, according to the latest global market study by Gartner.
This forecast, however, is down from their earlier projections of 3.2 percent growth.
What’s driving the ongoing transition to lower business technology spending? The slower outlook for 2014 is attributed to a reduction in growth expectations for end-user devices, data center systems and IT related services.
Moreover, the typical IT investment is evolving. It’s transitioning from a legacy focus on technology and processes, to a focus on new business models and associated strategic outcomes that are purposefully enabled by digitalization.
Transition within enterprise mobile devices
The IT end-user devices market – which includes PCs, ultrabooks, smartphones, tablets …