If you are among those assuming that the global economic slowdown will put the brakes to IT spending growth this year, you would probably be half right. According to research firm Gartner, IT spending will increase by a measly 0.6 percent in 2016. But a subset of the market, software, is bucking the trend, with a project growth rate of more than 5 percent.
Those are among the conclusions of Gartner’s recent Worldwide IT Spending Forecast for 2016. The study is a best of times, worst of times analysis of where IT leaders plan to increase budgets. Overall, spending on information technology worldwide is expected to see little growth in 2016. But organizations will pony up more for data center technology, software, and IT services.
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