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Software as a service will boost 2019 enterprise software spending 8.3 percent. Overall, IT spending will grow 3.2 percent in 2019.
Global IT spending is expected to grow 3.2 percent in 2019 to $3.8 trillion as enterprise software, cloud and digital transformation projects boost growth, according to Gartner.
The projection, outlined at Gartner's Symposium/ITXpo in Orlando, accounts for a shift to everything as a service. John-David Lovelock, an analyst at Gartner, noted that enterprises are shifting to pay for use models and that's impacting for the forecast.
For instance, software as a service will boost 2019 enterprise software spending 8.3 percent. IT services will grow at a 4.7 percent clip in 2019 due to digital transformation. Data center systems spending will grow 1.6 percent in 2019 since enterprises are more inclined to go cloud than buy their own gear.
The growth in IT spending is due to a favorable business climate, but there are a bevy of wild cards including tariffs and currency fluctuations.
Other key points from Gartner:
There is little doubt, in the current employment market, that demand is outstripping supply. This is particularly true within the highly technical roles (Architects, Software Engineers, Technical Testers, Cyber Consultants, Mobile Developers….etc)