Cloud Computing: CIOs to cut spending on communications equipment, increase software investment, says Forrester
April 29, 2013
Grazed from FierceEnterpriseCommunications. Author: Fred Donovan.
Chief information officers (CIOs) are expected to cut spending on computer and communications equipment while increasing investment in software, especially for software-as-a-service (SaaS) apps, analytics and mobile apps, Forrester Research is predicting.
Enterprise spending on telecom services is predicted to grow more slowly than the tech market overall, which Forrester predicts will increase 6.2 percent this year and 6.8 percent next year, according to a blog by Andrew Bartels, vice president and principal analyst serving CIOs at Forrester…
The tech market includes spending on computer and communications equipment, IT outsourcing, software, IT consulting and systems integration services. If telecom services are factored into the tech market figures, the overall market is expected to grow at a more modest 5.7 percent this year and 6.1 percent next year…
Read more from the source @ http://www.fierceenterprisecommunications.com/story/cios-cut-spending-communications-equipment-increase-software-investment-say/2013-04-29