At the beginning of the year Gartner had forecast Global IT spending at 4.1 percent. Since then, they have lowered their expectations to 2 percent. The reduction "mainly reflects the impact of recent fluctuations in U.S. dollar exchange rates," said Gartner "Global IT spending is growing, albeit cautiously".
Due to weaker sales in the PC market, Gartner also adjust the forecast for this department. 7.9 percent down to 2.8 percent. Even if the projected new devices hit the market in the second half of the year, it is not hopeful that their sales will compensate for the monies lost during the first half of the year.
IT services are expected to grow at 2.2 percent, while data center systems are predicted to grow by 2.1 percent. What does that mean for your business?
The new direction for businesses in the mobile device sector has been BYOD. While it has it's advantages, BYOD is also responsible for higher spending in mobile device management. Therefore, companies have to take stock and ready themselves for the comprehensive impact this will have on their budget.
The new trend for major software vendors is to change their licensing procedures to be more device-based. This move gives access to "third party" restrictions. This is their response to teh overwhelming growth of sales in tablets and mobile devices.
Telecom, down last year by 0.7 percent, made a resurgence this year to a 0.9 percent growth. Now is the time to take note of your businesses TEM policies. Telecom expense management has so many factors and level of complexities that it has become quit difficult to manage. If you do not have a the proper policies in place, now is the time to create or consult a third-party expert to help.
Due to weaker sales in the PC market, Gartner also adjust the forecast for this department. 7.9 percent down to 2.8 percent. Even if the projected new devices hit the market in the second half of the year, it is not hopeful that their sales will compensate for the monies lost during the first half of the year.
IT services are expected to grow at 2.2 percent, while data center systems are predicted to grow by 2.1 percent. What does that mean for your business?
The new direction for businesses in the mobile device sector has been BYOD. While it has it's advantages, BYOD is also responsible for higher spending in mobile device management. Therefore, companies have to take stock and ready themselves for the comprehensive impact this will have on their budget.
The new trend for major software vendors is to change their licensing procedures to be more device-based. This move gives access to "third party" restrictions. This is their response to teh overwhelming growth of sales in tablets and mobile devices.
Telecom, down last year by 0.7 percent, made a resurgence this year to a 0.9 percent growth. Now is the time to take note of your businesses TEM policies. Telecom expense management has so many factors and level of complexities that it has become quit difficult to manage. If you do not have a the proper policies in place, now is the time to create or consult a third-party expert to help.
About the Author:
Joseph B. Kappernick specializes in helping Fortune 500 companies save money. He recommends that you visit NPI to learn more about IT cost reduction service
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