Are you one of those independent executives that uses strategic foresight to gain a decisive lead over competitors that tend to follow the crowd? Granted, it takes courage to make bold moves — and follow the path that’s less traveled. Big rewards tend to go to the confident, not the cautious.
What’s your business technology investment strategy for 2013, and beyond? Does your corporate foresight anticipate success, based upon your ability to deploy quantum-leap technological advances — like managed cloud services?
According to International Data Corporation (IDC), the economic slowdown in China has driven them to lower their expectations for worldwide IT spending growth this year. IDC now forecasts IT spending growth of 4.6 percent in constant currency for 2013. That’s down from the previous forecast of 4.9 percent growth and a sharp deceleration from last year’s growth of almost 6 percent.
Despite the lower forecast, IDC expects IT spending will reach $2 trillion for the first time ever in 2013. Meanwhile, total ICT spending, including telecommunications services, will increase by 3.8 percent at constant currency to $3.6 trillion.