Predictions for investments in IT infrastructure are positive over different sectors. Image source: Shutterstock (#371792785)
The annual IDC Worldwide Semiannual IT Spending Guide: Industry and Company Size is predicting that improvements and stability in business confidence across a variety of vertical industries are going to spur stronger IT spending growth in 2017. Budgets will increase most in financial services, where 5 percent more will flow into IT.
“The banking industry shows largely positive indicators for spending plans, with key projects focused on Big Data and Analytics (BDA),” said Jessica Goepfert, program director, Customer Insights & Analysis.
Other top beneficiaries will be professional services firms such as cloud service providers, which will increase their IT spending by 6% in 2017. In 4 years, IT spending will reach $2.7 trillion. Contributions will mainly be coming from consumers, banks, manufacturers, and telecommunications providers.
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