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Overview
Data center industry trends are changing the way businesses spend money and invest in IT initiatives. After years of restricted
spending as companies coped with the effects of the economic recession, IT budgets are starting to thaw and are enabling
businesses to put more resources into their IT strategies.
According to research firm Gartner, worldwide IT spending is on a steady incline, expected to exceed $3.8 trillion in 2014, an 8.2
percent increase from $3.6 trillion in 2012.
1
Table: Worldwide IT Spending Forecast ( Billions of U.S. Dollars )
1
Gartner, “Gartner Says Worldwide IT Spending Forecast to Reach $3.7 Trillion in 2013,” January 2013.
by Scott Brueggeman
7X24 MAGAZINE FALL 2014
