Annual U.S. enterprise spending on information technology (IT) operations and acquisitions will reach $US 1.033 Trillion in 2010, largely driven by acquisition spending on storage technology and software, a new study from Info-Tech Research Group's Indaba Division reports. Total non-consumer IT spending this year is expected to increase by 5.24 per cent from $US 840 Billion to $US 884 Billion. The study reveals a trend for higher growth in acquisitions spending led by large enterprises, given reduced operational costs from offshore outsourcing.
Of the overall enterprise IT expenditure of $US 1.033 Trillion in 2010, $US 625 Billion will be allocated to operational spending and $US 408 Billion to acquisitions. Comparing growth rates for operations and acquisitions, large enterprises will lead a trend to higher growth in spending on acquisitions due to two factors: outsourcing of operations - especially offshore outsourcing - which reduces operational spend, and accelerated investment in core technologies that enhance competitiveness.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access