Feeds

US IT spending surge double-times GDP

Turgidity x 2 = 'Whew...'

5 things you didn’t know about cloud backup

IT spending in the United States is expected to rise by 5.6 per cent in 2011 – that's nearly twice the pace of the expected growth in US gross domestic product, which is projected to grow by a measly 3 per cent this year.

This news, from the wizards at IDC, comes just as IT folks are finishing the first half of their spending year, and are slicing and dicing all the data they can get their hands on, trying to figure out how far budgets will need to grow for all of 2011.

Speaking of data, IDC hasn't yet provided a dollar figure for IT spending in the US, just those percentage figures.

IDC's IT growth projections are based on surveys of more than 5,700 IT decision makers in the US. The top area of spending for the current year is for security products, cited by 31 per cent of respondents, followed by business analytics, which 19 per cent of those polled said were important.

Another 17 per cent said they would make investments in so-called "smart technologies" – which begs the question: "Did IBM put them up to that?" Or, for that matter: "Are the other 83 per cent investing in dumb technologies?"

In March, the oracles at Gartner rejiggered their forecasts for IT spending, saying that corporate sales of Apple iPads and media tablets from other vendors (There are other vendors? — Ed.), coupled with the falling US dollar, combined to boost IT spending by $192bn.

Gartner had expected global IT spending to rise by 5.1 per cent, but bumped up its forecast to 5.6 per cent, hitting nearly $3.6 trillion in aggregate IT expenditures on hardware, software, services, and telecom.

Gartner will no doubt soon tweak its own spending projections, but at the end of the first quarter it was expecting hardware sales to rise by 9.5 per cent to $409bn, with software spending up 7.6 per cent to $255bn, IT services up 5 per cent to $824bn, and telecom up 4.9 per cent to $2.11 trillion. ®

5 things you didn’t know about cloud backup

More from The Register

next story
BBC: We're going to slip CODING into kids' TV
Pureed-carrot-in-ice cream C++ surprise
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Twitter: La la la, we have not heard of any NUDE JLaw, Upton SELFIES
If there are any on our site it is not our fault as we are not a PUBLISHER
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?