Enterprise IT spending fueled by big data, mobility and cloud
The IT industry appears to be experiencing continued growth due to the increased demand for innovative technologies and tools like cloud computing, mobility and big data analytics. A recent report by market research firm IDC predicted that global IT spending among the enterprise is projected to total $474 billion in 2013, increasing 6 percent from last year.
Ted Dangson, vice president of IDC's global technology and industry research organization, explained that the economic crisis affecting the IT landscape has impacted how some firms are spending for technology. However, this is not the case throughout the entire industry, as evidenced by the firm's forecast.
"Yet we've seen continued investments by companies as they prioritize the replacement of outdated technology, and pursue strategic IT initiatives focused on big data and analytics, cloud computing and mobility," Dangson said.
Clearly the cloud, mobility and big data analytics all have cemented themselves as IT staples as organizations continue to innovate despite the current economic landscape. Looking ahead, all of these technologies may play an even greater role in the evolution of IT.
2013 will be defined by analytics, cloud and mobility
Other industry professionals believe that the use of mobile solutions, cloud computing and analytics will be crucial for many organizations in 2013. A report by Persistent Systems explained that it has experienced increased demand for these types of services that are in line with other expectations.
A study by Forrester Research predicted that the global cloud market is poised to expand from $40.7 billion in 2011 to $241 billion in 2020. Persistent said the number of cloud projects it has witnessed has increased 30 percent in the last year.
Big data analytics is one of the most significant developments taking place throughout the IT industry, but Persistent explained that the trend is very much in its infancy. In the future, however, more projects centered around social media, mobility and cloud computing will have a place within the big data landscape.
"2013 marks a turning point as certain key technologies in cloud computing, mobility, analytics and collaboration have emerged to form the backbone of next-generation products and enterprise applications," said R Venkateswaran, CTO of Persistent Systems.
Businesses that want to continue to grow and take advantage of the latest IT trends should strongly consider the significance of innovative technologies like the cloud, mobility and big data analytics, because it appears as though the industry is headed in this direction.