Gartner

Gartner says global IT spend to decline by 8% in 2020 due to impact of pandemic

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The COVID-19 pandemic and effects of the global economic recession are causing CIOs to prioritise spending on technology and services that are deemed “mission-critical” over initiatives aimed at growth or transformation. Worldwide IT spending in 2020 is predicted to decline by 8% from 2019 to total $3.4 trillion, according to the latest forecast by Gartner. […]


Tech CEOs “not prepared” for Covid-19 recession

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