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TechRadar
TechRadar
Craig Hale

Global IT spending could see a surprisingly big surge this year

Business Plan.

Gartner has forecast worldwide IT spending will reach $5 trillion in 2024, marking a healthy 6.8% increase over 2023, though slightly lower than the firm’s initial projection of around 8%.

Despite a lot of interest in artificial intelligence over the last 12 months, its impact on IT spending could be less than we might think, according to John-David Lovelock, Distinguished VP Analyst at Gartner.

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