IT spending gets boost from ongoing cloud trends

The technological landscape is constantly pushing forward, driven by the rapid evolution of several key IT services, including cloud computing, mobility and others. As innovative solutions continue to present themselves to corporate decision-makers, executives will increasingly invest more time and energy in such tools to remain competitive with their respective industry and potentially gain an advantage over rival firms.

A recent report by Gartner highlighted the expanding IT market, noting that global spending on IT is forecast to grow 4.2 percent in 2013 to total $3.7 trillion, up from $3.6 trillion in 2012. Analysts said that even though major advances in software, infrastructure and other mission-critical areas of IT have been emerging in the private sector, the ongoing macroeconomic crisis has been the No. 1 deterrent for spending, as executives are fearful to put their neck on the line.

"This uncertainty has caused the pessimistic business and consumer sentiment throughout the world," said Richard Gordon, managing vice president at Gartner. "However, much of this uncertainty is nearing resolution, and as it does, we look for accelerated spending growth in 2013 compared to 2012."

The growing cloud industry
Although the cloud infrastructure industry is experiencing rapid growth, there are several key trends in the application market that will likely emerge in 2013 and completely reinvent the workplace. This was highlighted in a recent report by InformationWeek, which said mobile-enabled cloud applications and solutions with embedded analytics will begin to gain momentum.

Cloud tools with analytics qualities will be particularly popular in 2013, especially as big data projects pick up steam and move into high priority positions. InformationWeek said organizations want the ability to analyze and document real-time information, as taking too long to do so will only hinder an organization's ability to stay one step ahead of the competition.

Decision-makers also want new configuration methods, rather than customizing every application that is delivered in the cloud, InformationWeek said. This is largely because companies want to avoid the complications of developing and maintaining custom code.

As these trends continue to take shape in 2013, the overall cloud industry will push forward and encourage more businesses to adopt the technology. As this happens, overall IT spending will also get a boost and increase confidence in the economy throughout the world.

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