The Incredibly Shrinking Shelf Life of IT Solutions
CIO, Monday, August 25th, 2025
Accelerating changes in technology offerings have companies churning through software and services at a hastening pace. But decisions to replace IT assets shouldn't be taken lightly.
It's a common refrain for CIOs: The pace of innovation is only getting faster.
And chasing that pace has IT execs increasing spending, as research firm Gartner has predicted that worldwide IT spending will increase 7.9% this year versus 2024. Outlays for software alone is expected to be up 10.5%, despite many CIOs pausing net-new spending due to macroeconomic uncertainties, Gartner reports.
One of the biggest factors driving those increases is the shorter lifespan of IT solutions deployed within the enterprise, according to CIOs, consultants, and researchers.