John-David Lovelock Stories

Kiwi Stories

John-David Lovelock stories

Projected 5.5% increase to New Zealand IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending in New Zealand will grow 5.5% in 2023.

By Tom Raynel • 2 min read • Thu, 19th Jan 2023

Infrastructure-as-a-Service

New Zealand IT spending on the rise, set to reach $14.7 billion by 2022

New Zealand's IT spending is set to reach NZ$14.7bn in 2022, with businesses shifting towards cloud services, says Gartner.

By Catherine Knowles • 3 min read • Tue, 26th Oct 2021

Global Stories

John-David Lovelock stories

Blockchain

Global IT spending to hit $5 trillion in 2024 - Gartner

Global IT spending is forecasted to rise by 6.8% in 2024, reaching a $5 trillion value, driven by traditional engines of profitability and labour.

By Tom Raynel • 3 min read • Mon, 22nd Jan 2024

IT Budget

Projected 2.4% increase in Global IT spending in 2023

In the latest quarterly tech spending forecast released by Gartner, it is projected that IT spending worldwide will grow 2.4% in 2023.

By Tom Raynel • 3 min read • Thu, 19th Jan 2023

Hyperscale

Gartner forecasts worldwide IT spending to grow 5.1% in 2023

Despite economic headwinds, IT spending in Australia and New Zealand is forecast to grow 6% next year as organisations push ahead with digital initiatives.

By Gaurav Sharma • 3 min read • Thu, 20th Oct 2022

EduTech

Gartner predicts 2022 global IT spend to reach $4.5 trillion

Gartner's latest report forecasts worldwide IT spending to reach US$4.5 trillion in 2022, an increase of 3% compared to 2021.

By Zach Thompson • 3 min read • Tue, 19th Jul 2022

Infrastructure-as-a-Service

Global IT spending plunges, but will have faster recovery - Gartner

Global IT spending is projected to decline by 7.3% in 2020 to reach $3.5 trillion, but will recover faster than the economy, says Gartner.

By Shannon Williams • 2 min read • Wed, 15th Jul 2020

Cloud Services

Gartner: Local IT spending to dip 6% in 2020

Australia's IT spending is projected to decline by 6% in 2020 due to COVID-19, equating to a reduction of approximately AUD $8.8 billion, per Gartner.

By Staff Writer • 3 min read • Thu, 14th May 2020

Software-as-a-Service

Global IT set to reach $4 trillion, driven by SaaS

Global IT spending is set to exceed $4 trillion in 2021 as businesses invest in IT amid economic and political stability, says Gartner.

By Catherine Knowles • 3 min read • Fri, 17th Jan 2020

Stories from Other Regions

John-David Lovelock stories

Network Infrastructure

Australia's IT spending to surge to AUD $147 billion in 2025

Australia's IT spending is poised to hit AUD $147 billion in 2025, up 8.7% from 2024, with cybersecurity, GenAI, and cloud investments driving the increase.

By Imee Dequito • 3 min read • Wed, 11th Sep 2024