IT investment in EMEA to rise 4.7% in 2022

The investment in technology in the EMEA region (Europe, the Middle East and Africa) will rise again in 2022, according to the consultancy Gartner. And it will do so in a remarkable way, although somewhat less than what will rise in 2021, when it is expected to rise 6.3% year-on-year. Total, in 2022 it is expected to increase by 4.7%. In total, IT investment in the area in 2022 will be approximately $ 1.3 trillion.

Everything indicates that the majority of the expense will go to the software. And specifically, within this, to the cloud, since companies are expected to invest 12.5% ​​of their total budgets for technology in cloud-based solutions. Of these, the highest expenses will be made in infrastructure as a service (IaaS), with a growth of 32.3%, and in Desktop as a service (DaaS), which will rise 31.3%.

According John Lovelock, Research Vice President, Gartner, «Since the beginning of the pandemic, the cloud has shown elasticity and flexibility. He climbed when needed and downscaled when needed. CIOs will increasingly use cloud alternatives to ensure the fastest time to demonstrate the value of their IT investments«.

Where spending in the region is not expected to grow so much will be on devices, as it will only rise 0.7% year-on-year due to the fact that many workers already have all the necessary equipment to telework.

One of the highlights of IT investment in the area in 2022 will be the shift in funding for technology spending. Thus, next year, the most relevant thing will be how the financing is obtained, and not necessarily how much is financed. Lovelock points out that «technology is moving from supporting the business to being the business, which implies that the investment in technology will go from an operating cost (sales, general and administrative (SGA) to becoming a cost of income (COR) or possibly cost of Products Sold (COGS) CIOS are going to have to strike a balancing act to achieve performance, save money and increase revenue«.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *