It spending

Global IT spending to reach $3.8 trillion in 2020: Gartner

1 min read . 29 Jan 2019

Projects in blockchain, Internet of Things, and progression from big data to algorithms to machine learning to Artificial Intelligence will continue to be main drivers of global IT spending growth. Photo: iStockphoto

Global IT spending to touch $3.68 trillion this year: Gartner

1 min read . 16 Jan 2018

The transition of the Indian banking sector to a cashless society is creating many opportunities of technology investments into digital payments infrastructure. Photo: Mint

IT spend by Indian banks, security firms to cross $9 billion: Gartner

1 min read . 13 Nov 2017

Europe accounted for 22.4% of the Infosys’s $2.65 billion revenue during the June quarter. The US accounted for over 61%. Photo: Hemant Mishra/Mint

Infosys says investing heavily in Europe, hiring locals

1 min read . 30 Jul 2017

The software segment is forecast to grow 10.8% in 2017 to reach $1.1 billion. Photo: Bloomberg

Gartner lowers Indian govt IT spending forecast to $7.8 billion in 2017

1 min read . 01 Jun 2017

Global sales of personal computers in the first quarter if 2017 suffered a decline of 2.4% from the year-ago period. Photo: AFP

Tech statistics for enterprises

1 min read . 04 May 2017

The IT services market accounts for $21 billion of the $67 billion decline in Gartner’s latest estimate. Photo: HT

Gartner sees IT spending growing at a much lower 1.4% in 2017

2 min read . 11 Apr 2017

The software segment is expected to grow 15.7% in 2017 to reach $1 billion. Photo: Mint

Government IT spending in 2017 to grow 9.5% to $7.8 billion: Gartner

1 min read . 13 Feb 2017

IT spending in India will reach $72.4 billion in 2017: Gartner

1 min read . 17 Nov 2016

IT service is expected to grow 9.3% in 2016 to reach $1.8 billion, with the business process outsourcing sub-segment growing 21%. Photo: iStock

Govt’s IT spending to hit $7.2 billion in 2016: Gartner

1 min read . 03 Oct 2016

IT services, the biggest segment of the sector which includes consulting and business process outsourcing (BPO), is expected to grow 8.8% to reach $1.6 billion, boosted by a strong growth in BPO, according to the report. <br />Photo: Mint<br />

Govt IT spending to touch $7 billion in 2016: Gartner

1 min read . 16 Jun 2016

Enterprise software spending is predicted to decline 1.2% to $654 billion in 2015. Photo: Bloomberg<br />

IT spending to fall by 5.5% in 2015: Gartner

2 min read . 18 Jul 2015

Software spending will be led by growth in vertical specific software or software applications that are unique to a vertical industry. Photo: Hemant Mishra/Mint<br />

Govt to increase IT spending: Gartner

1 min read . 07 May 2015

The US dollar spending on devices for 2015 is forecast to decline 1.2% to $685 billion, while data centre system spending is projected to reach $142 billion in 2015. Photo: Hemant Mishra/Mint<br />

Rising US dollar to pull global IT spends down 1.3% in 2015: Gartner

1 min read . 09 Apr 2015

IT services is forecast to record the strongest revenue growth at 15.7% in 2015, software at 14%, devices at 12.6% and telecommunication services segment at 4.2%. Photo: Mint<br />

India IT spending to grow 10% to $73.3 billion in 2015: Gartner

2 min read . 15 Oct 2014

For 2015, Gartner expects the total IT spending to grow 3.7% to $3.88 trillion. Photo: Bloomberg<br />

Global IT spending to grow 2.1% to $3.7 trillion in 2014: Gartner

1 min read . 01 Jul 2014

Governments are expected to shell out $758 million to buy software, marking a 10.3% increase over last year. Photo: Mint<br />

Govt IT spending to rise 4.3% to $6.4 billion in 2014 : Gartner

1 min read . 24 Feb 2014

Spending on personal computers, ultra-mobile PCs, mobile phones and tablets, which contracted 1.2% in 2013, will grow 4.3% in 2014, Gartner said. Photo: Mint<br />

Gartner trims global IT spending growth forecast

1 min read . 06 Jan 2014

Orcale, the second largest software maker, posted fiscal-second-quarter results that exceeded expectations, while its outlook for third-quarter earnings was in line with Wall Street estimates. Photo: Reuters <br />

Oracle’s quarterly results offer hints of recovery

3 min read . 19 Dec 2013

The development comes at a time when the global IT services market is witnessing a slowdown in growth rates. Photo: Mint<br /> (Mint)

Firms seek to control IT budget as growth slows, rupee weakens

2 min read . 23 Aug 2013