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Slowing Growth For US Tech Budgets In 2020 And 2021, Varying By Industry

Forrester IT

Even before the threat of coronavirus, the US economy was poised for a slowdown in 2020. Slowing real GDP growth of 2% or less in turn will lead to slower growth of US tech budgets: from 4.5% in 2020 and 4% in 2021, according to Forrester’s latest US tech budget forecast: […]. in 2019 to 4.2%

Budget 318
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Forecasting In Uncertainty: US Tech Market Forecast Shows A Best Case 5% Drop In 2020

Forrester IT

Forrester has just released our updated forecasts for the US tech market in 2020, factoring in the impacts of the COVID-19 virus and the efforts to contain its spread: “US Tech Budget Outlooks In A COVID-19 Recession.”

Budget 363
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2020 IT Budgets Are Up, But.

Information Week

A Spiceworks report highlights the where's and why's of 2020 IT budget plans.

Budget 105
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Cybersecurity spending to grow this year but may be hit by budget constraints

Tech Republic Security

Spending on security products and services for 2020 could increase as much as 5.6%, or as little as 2.5%, depending on the economic impact of the coronavirus on IT budgets, says Canalys.

Budget 184
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32% Of IT Budgets Will Be Dedicated To The Cloud By 2021

CTOvision

These and many other fascinating insights are from the recently published IDG Cloud Computing Survey 2020. You can download a copy here for free (PDF, 12 pp., The survey’s […].

Budget 348
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76% Of Enterprises Prioritize AI & Machine Learning In 2021 IT Budgets

CTOvision

Enterprises accelerated their adoption of AI and machine learning in 2020, concentrating on those initiatives that deliver revenue growth and cost reduction. Consistent with many other surveys of enterprises’ AI […].

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Enterprise AI budgets are up 55% over 2020, Appen says

Venture Beast

The 2021 Appen State of AI report found enterprises are accelerating their AI strategies as a result of the pandemic and increasing budgets. Read More.

Budget 78