Thursday, April 15, 2021

IT Growth Outlook Hits Record High

eWeek: A new survey from CDW finds that IT decision makers are more optimistic about spending plans than they’ve been in five years. CDW’s six-month growth outlook composite score climbed to 71, the highest its been since October of 2007. Overall, 42 percent of IT decision makers said that they expect their IT budgets to increase. In particular, the survey found many more state and federal government IT departments and medium-sized businesses are expecting budget increases than in previous surveys.

“The data indicates that the IT spending outlook has reached a significant milestone. More IT decision-makers are feeling optimistic about the prospects of their IT budgets increasing, and they are anticipating significant IT investments in the next six months, especially on the hardware and software fronts,” said CDW exec Neal Campbell. “We believe that organizations will continue to look at technology investments as ways to boost efficiencies, increase productivity and gain new competitive advantages in 2012.”

Similar articles

Latest Articles

NVIDIA’s New Grace ARM/GPU...

This week is NVIDIA’s GTC, or GPU Technology Conference, and they likely should have changed the name to ATC because this year – it...

What is Data Segmentation?

Definition of Data Segmentation Data segmentation is the process of grouping your data into at least two subsets, although more separations may be necessary on...

The Conversational AI Revolution:...

One of the things I’m looking forward to seeing at next week’s NVIDIA GTC event is an update on their Conversational AI efforts. I’m fascinated...

Edge Computing

Edge computing is a broad term that refers to a highly distributed computing framework that moves compute and storage resources closer to the exact...