Access and Feeds

Digital Transformation: Poised to Account for Half of IT Spending

By Dick Weisinger

By 2023 technology investments in Digital Transformation are expected to capture more than half of all IT spending, according to IDC. Globally that will amount to $2.3 trillion.

Craig Simpson, IDC Research Manager, said that “this will be the first time DX technology spending has represented the majority share of total worldwide ICT investment in our forecast, which is a significant milestone and reflective of the larger commitment to enterprise-wide digital transformation”.

Digital Transformation is seeing the biggest uptake in discrete and process manufacturing. Growth is also strong in the areas of financial services, banking, insurance and investment services.

Digg This
Reddit This
Stumble Now!
Buzz This
Vote on DZone
Share on Facebook
Bookmark this on Delicious
Kick It on DotNetKicks.com
Shout it
Share on LinkedIn
Bookmark this on Technorati
Post on Twitter
Google Buzz (aka. Google Reader)

Leave a Reply

Your email address will not be published. Required fields are marked *

*