Research company Gartner sees IT spending setting a new record in 2024, sees these as growth drivers
Research company Gartner sees IT spending setting a new record in 2024, sees these as growth drivers
Despite recent tech industry layoffs, IT spending is set to surge in 2024, reaching a record $5 trillion, according to IT research company Gartner. This represents a 6.8% increase from 2023, more than double the previous year's growth rate. Practical factors like efficiency, labour, and IT services, not the hype surrounding generative AI, are driving this growth.
Despite recent tech industry layoffs, IT spending is set to surge in 2024, reaching a record $5 trillion, according to IT research company Gartner. This represents a 6.8% increase from 2023, more than double the previous year's growth rate. Practical factors like efficiency, labour, and IT services, not the hype surrounding generative AI, are driving this growth.
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Despite recent tech industry layoffs, IT spending is set to surge in 2024, reaching a record $5 trillion, according to IT research company Gartner. This represents a 6.8% increase from 2023, more than double the previous year's growth rate. Practical factors like efficiency, labour, and IT services, not the hype surrounding generative AI, are driving this growth. 
