Government IT spending set to soar in post-pandemic world
As they look to modernize their infrastructure in the post-pandemic world, governments around the globe are expected to increase their spending on IT tech, according to a new Gartner report that forecasts IT spending will hit $557.3 billion in 2022 – up 6.5 percent compared to this year. “Governments will continue to accelerate investments in digital technologies to respond and …
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The shift away from in-person meetings is set to continue
Since the pandemic kicked off, the majority of meetings have taken place online instead of in-person. While some believe the trend is going to die down once the pandemic subsides, Gartner begs to differ. A recent report from the analyst firm says the shift away from in-person meetings is actually expected to continue. By 2024, Gartner predicts the proportion of …
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Ransomware groups set sights on large corporations
Ransomware operators are setting their sights on large corporations, as the number of attacks surges worldwide, a new report from security firm Barracuda Networks suggests. The report states that the volume of ransomware attacks rose 64 percent year-on-year, totalling 121 incidents detected in-house since August 2020. Of that number, 40 percent targeted large multi-national businesses, compared to just 14 percent …
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5G market set for massive growth
Global revenue coming in from 5G network infrastructure is expected to grow 39 percent year-on-year, according to fresh figures from analyst firm Gartner. That would put the revenue at $19.1 billion for the year, up from $13.7 billion last year Gartner’s latest report on the mobile connectivity technology says communications service providers (CSP) in mature markets have sped up their …
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IT spending set for another year of growth
Businesses are expected to spend a total of $4.2 trillion on information technology (IT) this year, an increase of 8.6 percent on 2020, a new report from Gartner suggests. The analyst firm claims organizations are still suffering revenue declines, but that many of them are increasing their IT spending ahead of revenue expectations. However, boards and the C-Suite are not …
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Cloud is set to boost UK SMEs across the board
Small and medium-sized businesses (SMBs) in the UK are currently in the post-pandemic recovery phase, and believe cloud technologies could be a major enabler. These are the conclusions of a new report from software firm Epicor, based on a poll of 1,250 decision-makers in the UK and the US, which states that almost three-quarters (73 percent) expect their business to …
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Multi-cloud set to dominate the future of cloud services
With most organizations setting their sights on multi-cloud infrastructure, this model is set to dominate the future of cloud computing services. This is according to a new report from Ensono Research, which surveyed 500 full-time cloud procurement decision-makers across the US and UK, from a variety of industries. The company found that private cloud environments are still important to businesses …
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SASE adoption set for major rise, but some still don’t know what it is
The adoption of Secure Access Service Edge (SASE) among businesses has “skyrocketed” during the pandemic, according to a report from Versa Networks. Polling 500 security and IT decision makers from the US, UK, France and Germany, the firm discovered that more than a third of businesses (34 percent) have adopted SASE in the past year, with an additional third (30 …
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IT outsourcing could be set for a major rise
Businesses are increasingly open to outsourcing IT functions to external providers, thanks in part to the pandemic. This is according to a new report from Whitelane Research and PA Consulting. Polling more than 250 UK businesses with the highest IT spending, the two firms found that, two-thirds (65 percent) plan to outsource their IT over the next two years, at …
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European cloud market set for massive growth
The growing number of data centers popping up across Europe, as well as large enterprises discovering the many benefits of the Platform-as-a-Service (PaaS) model, will see the European cloud computing market worth more than $140 billion by 2028. This is according to a new report from market research and consulting firm Global Market Insights, which claims that key cloud vendors …
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