by Richard Gordon | January 5, 2012 | Comments Off
Gartner’s U.S. dollar growth forecast for global IT spending in 2012 has been revised downward from 4.6% in the previous quarter to 3.7%. Faltering global economic growth, the eurozone crisis and the impact of Thailand’s floods on hard-disc drive production have taken their toll on the outlook for IT spending this year. The combination of [...]
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by Richard Gordon | October 14, 2011 | Comments Off
… at least, not yet. We have just released the 3Q11 update to Gartner’s Global IT Spending forecast. This update has been developed against a backdrop of extreme global stock market volatility over the past few weeks, which was prompted by escalating concerns about sovereign debt levels and gloomy economic growth forecasts. There are increasing [...]
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by Richard Gordon | June 30, 2011 | Comments Off
Our new global IT spending forecast is out! The 2Q11 update to Gartner’s global IT spending forecast shows an upward revision to our US dollar growth forecast for 2011 from an AGR of 5.6% last quarter to 7.1% this quarter. However, in constant dollars, i.e. stripping out the effect of exchange rates, we have revised [...]
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by Richard Gordon | March 30, 2011 | Comments Off
Our latest global IT spending forecast is released today and for the first time we’ve included Media Tablets in our spending estimates. Big deal you might think … what took you so long? And anyway, what difference would a few Media Tablets make to the overall numbers? The trouble with forecasting the market for new [...]
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by Richard Gordon | January 6, 2011 | Comments Off
… but beware the effect of the weakening US dollar! Our latest forecast for global IT spending revises up our expectation for US-dollar growth in 2011 from 3.5% to 5.1%. Good news, huh? Not really. Lest we get over-excited, it’s worth noting that much of this rise is down to currency exchange rate fluctuations that are [...]
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by Richard Gordon | October 21, 2010 | Comments Off
We’ve just finished off activities around the release of the 3Q10 update to our IT Spending Forecast – check out our recent Webinar for a summary of the highlights. Link: http://my.gartner.com/portal/server.pt?open=512&objID=202&mode=2&PageID=5553&resId=1434719&ref=Webinar-Calendar Now we turn our attention to the 4Q10 update. Interestingly, the soft patch we noticed in the hardware supply chain during July and August seems [...]
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by Richard Gordon | September 14, 2010 | Comments Off
And by “we” I mean IT Spending forecasters … I think the answer is “not really” (we’ve got other things to worry about). The chance of another global recession on the back of the “great recession” of 2009 is low – most mainstream economists put the likelihood at less than 30% right now – and, [...]
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by Richard Gordon | August 17, 2010 | Comments Off
Work is well underway on updating our IT spending forecasts for the 3Q10 release scheduled for the end of September. After the turmoil of the past couple of years, when the economy and exchange rates played a big part in our forecast thinking, this quarter, with the economic outlook and exchange rates more stable, other [...]
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by Richard Gordon | July 8, 2010 | Comments Off
Phew! That’s the IT spending forecast release over for another quarter; it’s always a bit hectic making sure clients and the press get the new information hot off the press. We had a lot of press interest in this forecast update, especially in Europe where the attention is on the ramifications for technology demand of the European sovereign [...]
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by Richard Gordon | June 30, 2010 | 1 Comment
I’m Richard Gordon, Gartner’s first “Chief Forecaster” – welcome to my blog! You might want to know a bit about me … I’ve worked in the high-tech industry for more than 20 years, starting off as an engineer in electronics and semiconductor manufacturing before joining Gartner as an analyst 14 years ago. During my time [...]
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