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Spending in enterprise software is particularly picking up the pace. [shutterstock: 421360228, Zakhar Goncharov]

Spending in enterprise software is particularly picking up the pace. [shutterstock: 421360228, Zakhar Goncharov]

Global IT Spending to Grow 6.2 Per Cent in 2018

Worldwide IT spending is projected to total $3.7 trillion in 2018, an increase of 6.2 per cent from 2017, according to the latest forecast by Gartner. Growth for enterprise solutions and IT services remains strong on the back of the evolution of digital business and much needed modernisations.

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EMEA combined ACV rises 13% in both second quarter and first half. [shutterstock: 520731340, Phongphan]

EMEA combined ACV rises 13% in both second quarter and first half. [shutterstock: 520731340, Phongphan]

ISG Index: Robust Activity Drives EMEA Sourcing Growth

A rise in the number of traditional sourcing contracts fueled overall market growth in the EMEA region in the second quarter, according to the findings of the 2Q17 EMEA ISG Index released by Information Services Group. Traditional sourcing dominates the region, with 340 contracts signed in first half.

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The strong US dollar is currently slowing doing the increase in Gartners original forecast. [shutterstock: 522389401, Only background]

The strong US dollar is currently slowing doing the increase in Gartners original forecast. [shutterstock: 522389401, Only background]

Worldwide IT Spending Forecast to Grow 1.4 Per Cent in 2017

According to Gartner, worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 per cent increase from 2016. This growth rate is down from the previous quarter's forecast of 2.7 per cent, due in part to the rising US dollar.

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Region’s surging demand for digital services offsets decline in traditional sourcing value [shutterstock: 287096177, ESB Professional]

Region’s surging demand for digital services offsets decline in traditional sourcing value [shutterstock: 287096177, ESB Professional]

ISG Index: EMEA As-a-Service Sourcing Accelerates in 2016

Information Services Group (ISG), a leading global technology research and advisory firm, recently released its Q4 2016 EMEA ISG Index, which reveals that growth in as-a-service sourcing accelerated across the region in 2016, driven by the increasing demand for digital solutions.

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