Gartner

India's IT spending is projected to grow faster than the global average in 2026, driven by rapid expansion of data centres, rising cloud adoption and accelerating investment in GenAI-enabled software

Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption

Google currently lags in the cloud market, and the deal could help it expand its offerings as well as acquire new customers

In India, AI PCs could have a high impact on the PC market by bringing content and ease of accessibility in native languages

The growth is expected in all major segments, including software, devices, IT services, and data centre systems

Indian IT spending to record a double-digit growth of 11.1% in 2024

"Indian organisations are expected to invest in AI and automation during this time, as a strategic effort to improve operational efficiency and address the ongoing shortage of IT talent"

The four themes of emerging technology trends identified are Emergent AI, developer experience (DevX), pervasive cloud, and human-centric security and privacy

In a recent Gartner survey, more than half of the end users indicated that sustainability is a "must-have criterion" in the selection of service providers

Layoffs can inadvertently reduce shareholder returns when taking actions to protect them, as companies tend to underestimate the organisational drag created by large-scale workforce reductions

IT workers are more inclined to quit their jobs than employees in other functions as they look for greater flexibility, improved work-life balance and better career opportunities

The projected spending is $11.6 billion in 2023, the report said

This marks the sixth consecutive year in which Resulticks has been recognised in this report. This is a recognition of the fact that the way brands engage and converse with customers has changed

Indian IT spend is expected to maintain robust 7.7 per cent growth in 2022 as compared to 2021 growth rate of 21.2 per cent

The government's spending on information and technology will grow 12.1 per cent to USD 9.5 billion in 2022, an analyst firm estimated on Monday.

IaaS will also be the highest spending vertical for end-users in India in 2022

Worldwide semiconductor revenue increased 25.1 per cent in 2021 to total $583.5 billion, crossing the $500 billion threshold for the first time, a Gartner report showed on Monday.

Twenty per cent of large organisations globally will use digital currencies for payments, stored value or collateral by 2024, according to a Gartner report.

The AI software market encompasses applications with AI embedded in them, such as computer vision software, as well as software that is used to build AI systems

The sector has accelerated since the onset of the pandemic, which was a tipping point for Indian businesses to realise its true value, says Gartner