Not inflation, not the Russian invasion of Ukraine, not the volatility of the euro and the dollar. Nothing will stop IT spending in the world in 2022. Some investment plans that companies believe are vital and not only as a fundamental weapon in times of resilience, but also to grow ahead of their competitors.
At least, this is what the consulting firm Gartner says, which believes that IT spending worldwide will grow by a whopping $4.5 trillion this year. All this, in a context in which new technologies have been defined as crucial for the development of companies and whose rise has been unstoppable for decades. The forecasts are also encouraging for the coming years.although growth will occur at a lower rate than that experienced in 2021. Mainly due to problems in supply chains and the availability of components for manufacturing, which has slowed down spending on PCs, tablets and printers by of consumers.
What has changed is the purchasing preference in companies: there has been a transition from property to service, driving spending on the cloud. This will go from 18.4% in 2021 to 22.1% in 2022. In this sense, the increase in prices and the uncertainties in deliveries have helped to give a new push to services and products in the cloud. The demand for cloud services is not only transforming the IT services industry in some ways, but also driving server spending to grow 16.6% in 2022, as hyperscalers build their data centers .
Other data from Gartner shows that spending on data center systems will also grow by 11.1%. Will also do it 17.2% spending on consulting, services and implementation in the cloud; and 6.2%, the general segment of IT services. Already in 2023, the growth figures will be much lower, and the shortage of personnel with IT skills will play a negative role, so training will be a key point. “Organizations that do not invest in the short term are likely to be left behind in the medium term and risk not being present in the long term”, commented John-David Lovelock, vice president of research at Gartner.
The complicated IT job market
The lack of IT profiles is a practically chronic disease. However, this casuistry will become even bloodier at the end of this year and in 2023. At least that is what the Gartner Global Labor Market Surveycarried out among 18,000 employees in the first quarter of 2022.
Lack of attracting and retaining IT talent. To overcome this, there are technology service providers that are increasing the price of their services so that employees can have more competitive salaries. Spending on software, for example, will be higher over the next year. In fact, global spending on software is expected to grow 9.6% to $806.8 billion in 2022 and global spending on IT services is expected to reach $1.3 trillion.
“Additionally, CIOs are using more IT services to help fill the gap in qualified IT staff. Tasks requiring lower skill sets tend to be outsourced to service companies”, comments John-David Lovelock.
