Forrester: Cloud Computing Drives IT Spending

Grazed from Midsize Insider. Author: Marissa Tejada.

Cloud computing is on the list of top IT spending priorities for the next year. According to Forrester Research, software spending worldwide will continue to grow with a big focus on the cloud. These worldwide trends reflect the focus of midsize firms.

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The research featured recently in the CloudTimes found that, in the past year, companies and governments spent more than $2 trillion on hardware, software and services. In the most popular segment, software firms allocated budgets for improving mobile apps, analytics, security and collaboration software. Software spending increased last year by more than $540 billion; it is expected to grow 3.3 percent this year and 6.2 percent in 2014, the largest projection for technology categories…

The annual survey on worldwide IT spending also pointed out that companies will slowly stop investing in legacy applications, including desktops and servers, and will push their resources toward the cloud, software-as-a-service (SaaS) solutions, big data and mobile apps instead. Additionally, impressive spending is predicted for the tablet market. Forrester predicts a 36-percent surge in tablet spending for a turnover of $21 billion this year, with Apple, Samsung and Microsoft leading the way…

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