Gartner says IT spending to top $4 Trillion in 2022

With IT budgets growing at the fastest rate in 10 years, worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 5.5% from 2021, according to the latest Gartner forecasts.All IT spending segments—from data-center systems to communications services—are forecast to grow next year, according to Gartner. 
[Get regularly scheduled insights by signing up for Network World newsletters.]

Enterprise software is likely to have the highest growth in 2022 at 11.5%, driven by infrastructure software spending. Global spending on devices grew over 15%  as remote work, telehealth and remote learning took hold, and Gartner expects 2022 will continue that growth as enterprises upgrade devices and/or invest in multiple devices to support the hybrid work setting. “Enterprises will increasingly build new technologies and software, rather than buy and implement them, leading to overall slower spending levels in 2022 compared to 2021,” said John-David Lovelock, distinguished research vice president at Gartner.To read this article in full, please click here READ MORE HERE…

Read more

What is Network as a Service (NaaS)?

The day is coming when enterprise IT professionals will be able to order network infrastructure components from a menu of options, have them designed to fit their business needs, and have the whole thing delivered and running in perhaps hours.The concept is called Network as a Service (NaaS), and it has been around in a number of different forms for a few years, mostly in the service provider arena.
Read more about NaaS:
NaaS is the future, but it’s got challenges
Cisco takes its first steps toward network-as-a-service
The 10 most powerful companies in enterprise networking
How to avoid the network-as-a-service shell game

For enterprises, the as-a-service concept took hold as companies started to embrace cloud computing and its model of consumption-based capacity. In the infrastructure space, for example, more than 75% of infrastructure in edge locations and up to 50% of data-center infrastructure will be consumed in the as-a-service model by 2024, according to research firm IDC.To read this article in full, please click here READ MORE HERE…

Read more