
#Company budget planning software
Gartner’s survey suggests that CxOs are likely to be spending more on enterprise application software, mobile devices, infrastructure software and business IT services in 2019 and beyond, and less on (on-premises) data center systems and associated services.
#Company budget planning free
dollar is expected to trend stronger while enduring tremendous volatility due to the uncertain political environment, the North American Free Trade Agreement renegotiation and the potential for trade wars.” However, spending on IT around the world is growing at expected levels and is in line with expected global economic growth. “This is the highest annual growth rate that Gartner has forecast since 2007 and would be a sign of a new cycle of IT growth. dollar has caused currency tailwinds, which are the main reason for this strong growth,” said John-David Lovelock, research vice president at Gartner. “Although global IT spending is forecast to grow 6.2 percent this year, the declining U.S. The 2019 Gartner CIO Agenda survey, which gathered data from more than 3,000 CIO respondents in 89 countries and all major industries, was presented by Gartner analysts during the Gartner Symposium/ITxpo in October. Use the right-hand menu to navigate.) Researcher reports on IT budgets Gartner CIO Agenda

(This article is part of our IT Cost Management Guide.

Although these new changes could encourage CxOs to simply adopt a ‘wait and see’ approach, most research and surveys suggest otherwise. While digital transformation is the obvious front-runner in IT budget trends for 2019, the entire industry is seeing some big shifts in terms of recognition and budget allocations.

In fact, the latest predictions from IDC advise enterprises that if they’re not digitally transforming their companies at an aggressive pace, that by 2022, just over two-thirds of their total addressable markets will be gone. “If you’re not on the innovation end of trying to fund digitalization of your business, it’s likely some other company is coming up with some type of an optimization technology to eat your revenue.” “It’s not looking at what’s in the ‘IT budget’, but at all of those things across the business that can be influenced by IT, which is just about everything,” said James Anderson, research director at Gartner. As in years past, global IT spending is expected to continue to grow in 2019, increasing 3.2 percent to over $3.8 trillion as enterprise software, cloud, and digital transformation projects boost growth.īy fully integrating IT into products, services, and value propositions, instead of just a backend system, companies will quickly gain the true value of IT and its potential.
