Gartner: IT Spending To Grow Faster Than Expected In 2024
April 22, 2024 Timothy Prickett Morgan
The adoption of generative AI by enterprises and the acceleration of the rates of use of IT services from outside consultants to get stuff done is going to boost IT spending higher than expected this year, according to the prognosticators at Gartner.
In terms of aggregate dollars, the effect if the latter is much larger than the former. The broad IT services category is now expected to account for $1,520 billion in spending worldwide this year, up 9.7 percent compared to last year and representing a $19 billion increase from the forecast that Gartner made in January. It will not …
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