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IT

IT spend in Western Europe to grow 3% to USD 454 bln in 2017

Monday 16 October 2017 | 18:00 CET | News
IT spend in Western Europe will total USD 453.8 billion in 2017, a 2.7 percent increase compared with 2016, according to a new study from IDC. IT spending will continue to grow at a 2.0 percent five-year CAGR in 2021. Investments in 3rd Platform solutions and Innovation Accelerator technologies such as augmented reality/virtual reality (AR/VR), artificial intelligence (AI) and cognitive, robotics, 3D printing, and Internet of Things (IoT) will drive demand as companies strive to innovate, increase customer experience, and streamline business processes.

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Categories: IT
Countries: Western Europe
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