Worldwide IT Spending will Reach $2.1 Trillion in 2017

As more enterprise CIOs and CTOs increase their planned investment in digital business transformation projects, vendors will witness improved demand in 2017. Worldwide IT spending is forecast to increase by 4.5 percent in constant currency terms.

Source: Digital Lifescapes

Cloud IT Infrastructure Revenue Reaches $8 Billion in 1Q17

As enterprise CIOs and CTOs rebalance their IT budgets to accommodate new digital business transformation projects, the shift in infrastructure investment continues to evolve. Demand for hybrid cloud scenarios are apparently driving much of the new IT investment.

Source: Digital Lifescapes

How the UK will Boost Digital Economy Jobs and Growth

The UK is already home to more than 200,000 digital businesses supporting more than 1.4 million jobs – with the fastest growing-digital hubs from 2010-14 in Southampton, West Cornwall and Dundee.

Source: GOV.UK

Converged Systems Driving IT Innovation and Growth

Enterprise IT infrastructure requirements continue to evolve as CIOs and CTOs seek ways to support their agile DevOps methodologies. Meanwhile, IT vendors are attempting to remove complexity from the typical provisioning and deployment process via automation.

Source: Digital Lifescapes

Managed Service Provider Market Reached $300 Billion

The Managed Services Provider (MSP) market, occupied by companies that provide contingent workforce management, is flourishing, logging a robust growth rate of 12 percent in 2016 to reach $300 billion in managed spend.

Source: Everest Group

Gigabit LTE Network Deployments Advance in 2017

The mobile internet continues to drive mobile network infrastructure investment. 4G LTE will grow from approximately 30 percent of global mobile subscriptions in 2017 to 50 percent in 2024, according to the latest worldwide study by ABI Research.

Source: Digital Lifescapes

Cloud IaaS Revenue will Reach $4.79B in Latin America

Hybrid cloud models will be particularly popular among enterprises due to their ability to support clients’ strategy implementation, migration, and infrastructure management requirements.

Source: Digital Lifescapes