Software Price Inflation Helps Boost IT Spending In 2023
August 21, 2023 Timothy Prickett Morgan
Datacenter and client device sales are slumping and are expected to be down from spending levels in 2022, according to the latest prognostications for worldwide IT spending from market researcher Gartner. But thanks to exploding budgets for software and services, the market for IT spending across all categories is anticipated to grow at a fairly healthy rate this year – and will do better in 2024, if Gartner is right.
That is a big “if” of course. The only way to accurately predict the future is to live it – and even that is looking dubious sometimes. (Wink.) …
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