According to IDC, a worldwide leader in IT industry analysis, they predict that the combination of mobile, cloud, big data, and social media will dominate the technology agenda for 2014.
Last month, IDC issued a forecast that IT spending will increase by 5.1% in 2014, not including the business costs for telecommunication. It appears that some of the spending malaise evident over the last several years is finally starting to dwindle. We’re seeing a rise in consumer confidence that translates into improved business confidence.
Much of this spending will continue to be centered on what they call the “Third Platform” driven by investments in mobile devices and cloud architecture migration. Social networking tools and technology used for mining big data will also see increased growth.
Other noteworthy observations for 2014 include:
- A 13% increase in spending on Smart Phones and Tablets
- A 6% decline in PC sales
- Cloud infrastructure software and service growth of 25%
- Converged IT systems will account for 10% of infrastructure spending, growing to 20% by 2020
- 75% of survey respondents are Optimistic about Microsoft’s transformation and future.
- 81% of respondents will maintain or increase their IT spending
Tim Krueger, PEI