Tag:

IT spending

Global IT Spending to Reach $5 Trillion in 2024, Gartner Reports

Worldwide IT spending is projected to hit $5 trillion ($4,997,718 million) in 2024, marking a 6.8 percent increase from the previous year, Gartner said...

IDC Report Reveals $151 billion in GenAI Spending by 2027

Enterprises worldwide are set to spend more than $19.4 billion into GenAI solutions throughout 2023. IDC says spending on GenAI solutions is poised to more...

Thailand’s Software Vendor Revenue Soars to 36.5 bn THB in 1H2023, Reports IDC

The software vendor revenue in Thailand has achieved a remarkable 14.1 percent growth in local currency to 36.5 billion THB in the first half...

Sovereign Cloud Spending to Hit $258.5 bn: IDC Forecasts

A study by the International Data Corporation (IDC) projects a substantial surge in global spending on sovereign cloud solutions, estimating a climb to $258.5...

India’s Public Cloud Services Market to Reach $17.8 bn: IDC

In the first half of 2023, India’s public cloud services (PCS) market, encompassing infrastructure, platform, and software services, hit a revenue milestone of $3.8...

Gartner IT Symposium/Xpo Unveils Key Insights and Predictions Shaping the Future of Tech

This week’s Gartner IT Symposium/Xpo in Kochi, India, has kicked off with a cascade of groundbreaking revelations and projections poised to reshape the tech...

India’s IT Spending Forecast to Hit $124.6 bn, Led by AI and Digital Transformation

Gartner’s forecast predicts a significant surge in India’s IT spending, projected to reach $124.6 billion in 2024, marking a robust increase of 10.7 percent...

Digital-Native Businesses in APJ to Grow Tech Spending on generative AI and Cloud

A recent IDC report unveils a resilient trend among Asia Pacific including Japan (APJ) Digital-Native Businesses (DNBs), defying the region’s economic slowdown. Despite various financial...