Richard Gordon

We’ve just updated the global IT Spending forecast and this quarter there’s little change to the growth outlook.   We’ve tweaked the forecast for overall IT spending growth in 2012 up slightly from 2.5% last quarter to 3.0% now, reflecting a fairly steady, albeit gloomy, macroeconomic environment: the Eurozone crisis remains unresolved, the economic recovery in the [...]

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The headlines will say “Gartner Cuts IT Spending Forecast for 2012″ but yet again this quarter our forecast update is a tale of two growth rates: the current dollar one and the constant dollar one. In our 1Q12 update, worldwide IT spending is forecast to total $3.7 trillion in 2012, a 2.5 percent increase from [...]

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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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… 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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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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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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… 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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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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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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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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