Technology providers are demanding more environmental-sustainability-aligned performance from vendors and are demanding they prove their green street cred.
According to analysts at Gartner group more than 70 per cent of technology sourcing, procurement and vendor management leaders (SPVM) will have environmental-sustainability-aligned performance objectives by 2026.
Big G said that vendors to incorporate sustainability rigour into operations and objectives as sustainability is becoming a competitive differentiator.
Analyst outfit Gartner thinks 2023 global IT spending will be worse than expected as inflation continues to erode consumer purchasing power and shrink device budgets.
Big G expects $4.5 trillion to be spent this year, an increase of 2.4 per cent from 2022 but a dip from the previous quarter’s forecast of 5.1 per cent growth.
Software is projected to grow 9.3 per cent and IT services will grow 5.5 per cent in 2023, , according to Gartner.
The devices segment is expected to decline 5.1 per cent this year as consumers and enterprises lengthen device refresh cycles.
Beancounters at Gartner think that Global government IT spending is forecast to total $588.9 billion in 2023 which is an increase of 6.8 percent from this year.
After consulting its tarot cards, the analyst predicts government IT spending will increase across all segments except devices. Gartner believes that governments bought enough devices when the pandemic broke out.
Software will be the highest-growing segment in 2023 (12.5 percent) followed by IT and internal services. While datacentre systems will see the most cash injection of more than $25 billion, Big G said.
Beancounters at Gartner have said that enterprise IT spending is “recession-proof” and predicted that next year’s 2023 global IT spend will be 5.1 percent more.
Big G noted that inflation has cut into consumer purchasing power, business IT spending will rise next year with more than 69 per cent of CFOs planning to increase their spend on digital technologies.
Gartner VP analyst John Lovelock said: “”Enterprise IT spending is recession-proof as CEOs and CFOs, rather than cutting IT budgets, are increasing spending on digital business initiatives.
Augurers at Gartner have been shuffling their tarot decks and consulted the entrails of various livestock and reached the conclusion that worldwide PC shipments will fall by almost 10 percent in 2022
The PC market is expected to experience the steepest decline of all device segments this year, the researcher says, with the EMEA PC market forecast to record a 14 percent decline in 2022 because of a lack of consumer PC demand.
This was caused by Tsar Putin’s invasion of Ukraine, price increases and unavailability of products due to lockdowns in China are significantly impacting consumer demand in the region.
Gartner and Canalys are a little concerned about Broadcom’s $61 billion acquisition of VMware .
Canalys chief analyst Alastair Elms warned that Broadcom had no experience in merging VMware with existing software and security assets from CA and Symantec and success will depend on how Broadcom executes against this plan.
“Integrating the different parts of the business will be complex, with some parts overlapping and others lacking clear synergies.”
Elms said the benefit of the deal is it will give VMware “true independence” from Dell, with Michael Dell selling his 40 percent stake, allowing it to pursue its goal of being the ‘Switzerland’ of the IT industry, and strengthen its alliance partnerships.
Enterprise IT spending on public cloud computing will overtake spending on traditional IT in 2025, according to research by Gartner.
This rapid shift in buying habits, driven in part by the COVID-19 pandemic, has seen widespread adoption of cloud-based infrastructures, applications and business process services. In fact, Gartner says almost two-thirds (65.9 percent) of spending on application software will be directed toward cloud technologies in 2025, up from 57.7 percent in 2022.
There is a shedload of pressure for suppliers to come up with viable options. Gartner vice president Michael Warrilow said: “Technology and service providers that fail to adapt to the pace of cloud shift face increasing risk of becoming obsolete or, at best, being relegated to low-growth markets.”
Public cloud services are expected to exceed $480 billion this year. Much of the optimism for this growth is based on the big cloud suppliers’ strategy towards industry clouds, virtualised cloud solutions based on increasing sophistication and integration of services. Last year, all three suppliers announced industry cloud strategies.
More than 53 percent of organisations report their board of directors are among the main decision-makers for emerging technology (ET) investments, just behind CIOs and CTOs.
According to a report compiled by Gartner, ET purchase decisions are not under IT department control any more.
Gartner senior principal research analyst, Danielle Casey said the business has more confidence in these technologies as they move past the hype and toward tangible ROI, resulting in growing investments and scaling out projects.
The analyst claims 5G drew the highest average investment in 2021, with survey respondents reporting an average of $465,000 invested in the technology.
Research firm Gartner has dared to say that treating staff like 19th-century slaves rather than highly skilled staff who companies are lucky to get is probably not a good way to keep them working for you,
It seems that Big G added up some numbers and was shocked to discover that companies that IT workers are more inclined to leave their current jobs than those working in other professions with only 29.1 percent of IT workers having a high intent to stay with their current employer.
Gartner surveyed 18,000 employees globally in Q4 2021, including 1,755 employees in the IT function, and found that only four in 10 IT workers (38.8 percent) have a high intent to stay in their job in Europe.
That figure was much less in other geographies, with only 19.6 percent in Asia, 23.6 per ent in Australia and New Zealand and 26.9 percent in Latin America claiming they had a high intent to stay in their current position.
Gartner has warned that cybersecurity leaders are burnt out, overworked and in ‘always-on’ mode and the role evolves as accountability for cyber risk moves outside of IT and because of the “increasingly distributed ecosystem”.
According to the market research firm, security and risk management (SRM) leaders are investing “significantly more effort into evaluating and influencing the cyber health of external parties”.
It claims that employees are making “more decisions with cyber risk implications” and that executive committees are being “established outside the scope of the cybersecurity leader”.
Gartner warns partners that this is likely to lead to an environment where cybersecurity leaders will have “less direct control over many of the decisions that would fall under their scope today.”
Beancounters at Gartner have added up some numbers and divided them by their shoe size and worked out that the top ten OEMs increased their chip spending by more than 25 percent last year.
The big 10 accounted for 42.1 percent of the total market in 2021.
The price increase spending was due to global shortages which “prevented OEMs from increasing in production” and “significantly increased selling prices”, Gartner said.
Beancounters at Gartner have forecast IT spending in EMEA to total $1.3 trillion in 2022, up 4.7 percent from 2021.
The 2022 growth rate will be slower than in 2021, when EMEA IT spending is expected to grow 6.3 percent, the Big G said.
The analyst said the biggest change be IT financing.
Gartner research VP, John Lovelock said: “IT is transitioning from supporting the business to being the business — which means spending on technology shifts from a cost of operations (selling, general and administrative [SGA]) to a cost of revenue (COR), or possibly cost of goods sold (COGS). CIOs have a balancing act to perform, saving cash and expanding revenue.” COGS. Hmm.
In the UK, IT spending will reach $223.3 billion in 2022, a rise of six percent from this year.
The number of workers using collaboration tools has risen by 44 percent since 2019, according to new stats from Gartner.
The number-crunching outfit’s Digital Worker Experience Survey questioned 10,080 employees at organisations with 100+ employees in the US, Europe and Asia-Pacific and found 80 percent of workers are now using collaboration tools.
Big G principal research analyst Christopher Trueman said that collaboration tools found renewed importance during COVID-19 for their role in ensuring the productivity of suddenly remote teams.
The global government Internet of Things (IoT) endpoint electronics and communications market will total $21.3 billion in 2022, according to Gartner.
This represents a 22 percent jump from a forecasted total of $17.5 billion in 2021.
Big G’s senior principal research analyst Kay Sharpington said that local governments worldwide are increasingly using IoT technology to monitor their infrastructure and assets more effectively and improve citizens’ safety and living environments, including controlling the spread of Covid-19 and checking quarantine compliance.
“In addition, the falling costs of devices is contributing to the financial viability of projects that utilise outdoor surveillance cameras and city asset tracking.”
Gartner claims more than half of governments endpoint and communications service spending will be on outdoor surveillance to improve public health and safety, totalling $12 billion.
Research firm Gartner is predicting that there is going to be a huge uptick in the number of workers who are home-based.
“By the end of 2021, 51 percent of all knowledge workers worldwide are expected to be working remotely, up from 27 percent of knowledge workers in 2019”, Gartner said in a report. It estimates that remote workers will represent 32 percent of employees worldwide by the end of 2021, up from 17 percent in 2019.
So-called “knowledge workers “are those involved in knowledge-intensive professions such as writers, accountants and engineers. While a remote worker is an employee working away from his/her company, government, or customer site at least one full day a week (hybrid workers) or who works fully from home (fully remote workers).
“India and China will produce some of the largest numbers of remote workers, but their overall penetration rates will remain relatively low with 30 percent of workers in India being remote (by 2022) and 28 percent of workers in China working remotely”, Gartner projected. Remote working varies from country to country depending on IT adoption, culture, and mix of industries.
Technology providers are demanding more environmental-sustainability-aligned performance from vendors and are demanding they prove their green street cred.
