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Six Pockets of Opportunity in IT Spending

By Ericka Chickowski on 2011-05-03



In spite of some dire economic indicators popping up about the economy at large, there have been plenty of signs of optimism for the IT industry recently. Here's a look at some of the strongest signs that channel partners will still have plenty of opportunities to stay healthy in the next year and beyond.

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Overall IT Spending

Gartner predicts that we'll see overall global IT spending rise a relatively healthy 5.6 percent to $3.6 trillion in 2011.

SMB IT Budgets

This year SMBs are planning on spending 8 percent more than what they initially expected in the second half of 2010, Spiceworks recently reported . Based on a survey it conducted, the average SMB tech budget rose to $132,000 in 2011, compared to $121,770 in 2010.

Federal IT Still Healthy

In spite of federal government budget woes, the federal IT spend growth is going to remain on track with the rest of IT, according to researchers with Input. The company expects the market to grow 5 percent annually over the next five years.

Healthcare Vitals Rise

A recent survey by the Healthcare Information and Management Systems Society (HIMSS) showed that 68 percent of hospital executives are increasing spending in order to achieve incentives laid out by the Health Information Technology for Economic and Clinical Health (HITECH) Act. Nearly a quarter reported they'll spend between $1 million and $5 million in the next year and 19 percent will spend $5 million or more.

Tablet Spending Surge

Tablet devices are expected to skyrocket by 206 percent this year, to $29.4 billion, Gartner says. The firm believes that this hot niche will shoot up by an average of 52 percent per year through 2015.

Business Analytics Boom

Business intelligence and analytics sales are far outpacing overall IT growth, according to analysts at Gartner. They just recently reported that in 2010 the market broke the $10 billion mark, rising by 13.5 percent.

Managed Services Spend

The managed services market in the U.S. can expect a generous bump of 12 percent per year through 2015, according to analysts with Insight Research, rising from $29 billion in 2010 to $47 billion in 2015.

Cloud Rising Fast

The cloud computing market worldwide will effectively double within three years according to The 451 group. The company says from the $8.7 billion cloud computing achieved in 2010, it will rise to $16.7 billion by 2013.

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