The Gartner Worldwide IT Spending Forecast report predicts fiercer competition in 2015 between traditional on-premise software vendors, pushing expenditure up to $3.8 trillion (£2.49 trillion).
It says that spending in the enterprise technology market will reach $335 billion (£219.93 billion) this year, increasing by 5.5 per cent over 2014’s figures. Traditional vendors are now having to increasingly compete with cloud-based software-as-a-service (SaaS) offerings, lower prices and vendor software consolidation.
Published by IT Pro Portal on 25th February 2015. No longer available online.


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