IT Spending In 2024 Cools Thanks To 'Change Fatigue'
The Next Platform, Thursday, January 18th, 2024
Change may be inevitable, but it is also a pain in the neck. And according to the prognosticators at Gartner, who have just released their revised forecast for IT spending for 2024, maybe the IT departments of the world have had their fill of change.
According to Gartner, the growth rate for worldwide IT spending was 3.3 percent in 2023, hitting $4.68 trillion across hardware, software, and services (including telecom and other communications services), and representing only three-tenths of a point acceleration compared to the 2.7 percent growth rate seen in 2022 to $4.53 trillion in spending.