Forrester: AI And Cyber Security Drive Up IT Spending
ComputerWeekly, Wednesday, February 12th, 2025
Despite artificial intelligence and cyber security increasing investment, technical debt remains a significant drain on IT budgets
Market analysis from Forrester has forecast that organisations in Europe are set to increase IT spending by 5% during 2025.
According to the analyst's Global tech forecast 2024-2029, spending will reach $4.9tn in 2025, with accelerated investment in artificial intelligence (AI), cyber security and cloud infrastructure. Generative AI (GenAI), cyber security and cloud services are poised to drive growth by 5.6% in 2025, up from 4.6% in 2024.