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IT spending

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Worldwide IT spending set to rebound in second half 2017, led by cloud and mobile upgrade cycles: report

July 14, 2017 by Canadian Underwriter

Worldwide IT spending is expected to rebound in the second half of the year, led by cloud and mobile upgrade cycles, International Data Corporation (IDC) said in a new report. According to the latest edition of IDC’s Worldwide Black Book,

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“Industry-specific disruptive technologies” to contribute to increase in worldwide IT spending: Gartner

July 13, 2017 by Canadian Underwriter

Worldwide IT spending is projected to total US$3.5 trillion, a 2.4% increase from last year, driven in part by “industry-specific disruptive technologies,” Gartner Inc. reported on Thursday. “Digital business is having a profound effect on the way business is done

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Global spending on worldwide cloud services and infrastructure to reach US$122.5 billion in 2017: International Data Corporation

February 21, 2017 by Canadian Underwriter

Worldwide spending on public cloud services and infrastructure will reach US$122.5 billion in 2017, an increase of 24.4% over 2016, suggested new research from Framingham, Mass.-based International Data Corporation (IDC). The new update to the IDC’s Worldwide Semiannual Public Cloud

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Global IT spending to reach US$3.5 trillion in 2017: Gartner

October 19, 2016 by Canadian Underwriter

Driven by growth in software and IT services revenue, worldwide IT spending is forecast to reach US$3.5 trillion in 2017, up 2.9% from 2016 estimated spending of US$3.4 trillion, according to the latest forecast by Gartner, Inc. Gartner, an information

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Global IT spending forecast to reach US$2.7 trillion in 2020, led by financial services, manufacturing and healthcare

August 29, 2016 by Canadian Underwriter

Worldwide revenues for information technology products and services will grow from nearly US$2.4 trillion in 2016 to more than US$2.7 trillion in 2020, according to the International Data Corporation (IDC). A newly published update to the Worldwide Semiannual IT Spending

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Big data and analytics, cloud computing, mobility solutions and tech start-up firms driving U.S. insurance IT spending market

May 19, 2016 by Canadian Underwriter

Big data and analytics, cloud computing, mobility solutions and tech start-up firms are among the emerging trends driving the insurance IT spending market in the United States, according to global technology research and advisory company Technavio. Technavio’s report on the

News InsuranceMarkets / CoveragesTechnology

Global IT spending in insurance to grow to US$184.9 billion in 2016: Celent

April 28, 2016 by Canadian Underwriter

Global IT spending in insurance will grow to US$184.9 billion this year, according to a report released on Thursday by Celent, a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. The report, titled

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Worldwide IT spending forecast to decline 0.5% in 2016: Gartner

April 8, 2016 by Canadian Underwriter

Worldwide IT spending is forecast to total US$3.49 trillion in 2016, a decline of just 0.5% over 2015 spending of US$3.5 trillion, according to information technology research and advisory firm Gartner, Inc. The prediction is down from last quarter’s forecast