Global IT Spending to Reach $3.8 Trillion in 2019

Worldwide IT spending is projected to total $3.8 trillion in 2019, an increase of 3.2 percent from expected spending of $3.7 trillion in 2018, according to the latest forecast by Gartner.

“While currency volatility and the potential for trade wars are still playing a part in the outlook for IT spending, it is the shift from ownership to service that is sending ripples through every segment of the forecast. What this signals, for example, is more enterprise use of cloud services — instead of buying their own servers, they are turning to the cloud. As enterprises continue their digital transformation efforts, shifting to ‘pay for use’ will continue. This sets enterprises up to deal with the sustained and rapid change that underscores digital business.”
-John-David Lovelock, Research Vice President, Gartner

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

How One AI-Driven Media Platform Cut EBS Costs for AWS ASGs by 48%

Enterprise software spending is forecast to experience the highest growth with an 8.3 percent increase in 2019. Software as a service (SaaS) is driving growth in almost all software segments, particularly customer relationship management (CRM), due to increased focus on providing better customer experiences.

Cloud software will grow at more than 22 percent this year compared with 6 percent growth for all other forms of software. While core applications such as ERP, CRM and supply chain continue to get the lion share of dollars, security and privacy are of particular interest right now. Eighty-eight percent of recently surveyed global CIOs have deployed or plan to deploy cybersecurity software and other technology in the next 12 months.

A close-up of several stacks of coins in front of a blurred clock,representing the concept of time and money.

Read more: Help Net Security

Latest Articles

Three Ways CISOs Can Combat Emerging Threats in 2025

73% of CISOs fear a material cyberattack in the next 12 months, with over three-quarters convinced AI is advancing too quickly for existing methods to combat it. But what can CISOs do to prepare for the coming wave – and access the resources they need to deal with this evolving threat landscape? To find out, […]

11th November, 2024
How Optimizing Kafka Can Save Costs of the Whole System

Kafka is no longer exclusively the domain of high-velocity Big Data use cases. Today, it is utilized on by workloads and companies of all sizes, supporting asynchronous communication between even small groups of microservices.  But this expanded usage has led to problems with cost creep that threaten many companies’ bottom lines. And due to the […]

Itay Tal Head of Cloud Services
29th September, 2024
Migrating Volumez RedHat VMs into Amazon Linux 2 for higher effective discounts rate of Saving Plan

A cloud data infrastructure company relied on extensive use of multiple instance types to test its products. But this made it difficult to optimize costs – a fact which had begun to impact their ability to scale the business.   The GlobalDots team helped the company identify and implement a new infrastructure configuration that both saved […]

Itay Tal Head of Cloud Services
19th September, 2024
How Yuki Achieved SOC 2 Compliance 6x Faster

Overview A fast-growing Snowflake optimization platform was missing out on customers because they didn’t have the right data security compliance. Through multiple consultations and extensive vendor-testing, the GlobalDots team selected a solution to provide both tech and human support, helping the company achieve SOC 2 compliance within just 3 months – and win new customers […]

Itay Tal Head of Cloud Services
16th September, 2024

Unlock Your Cloud Potential

Schedule a call with our experts. Discover new technology and get recommendations to improve your performance.

    GlobalDots' industry expertise proactively addressed structural inefficiencies that would have otherwise hindered our success. Their laser focus is why I would recommend them as a partner to other companies

    Marco Kaiser
    Marco Kaiser

    CTO

    Legal Services

    GlobalDots has helped us to scale up our innovative capabilities, and in significantly improving our service provided to our clients

    Antonio Ostuni
    Antonio Ostuni

    CIO

    IT Services

    It's common for 3rd parties to work with a limited number of vendors - GlobalDots and its multi-vendor approach is different. Thanks to GlobalDots vendors umbrella, the hybrid-cloud migration was exceedingly smooth

    Motti Shpirer
    Motti Shpirer

    VP of Infrastructure & Technology

    Advertising Services