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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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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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According to Gartner consumer applications are to represent 63 per cent of total IoT applications in 2017. [shutterstock: 473559706, Neirfy]

According to Gartner consumer applications are to represent 63 per cent of total IoT applications in 2017. [shutterstock: 473559706, Neirfy]

Gartner: 8.4 Billion Connected “Things” Will Be in Use in 2017

Gartner forecasts that 8.4 billion connected things will be in use worldwide in 2017, up 31 per cent from 2016, and will reach 20.4 billion by 2020. Total spending on endpoints and services will reach almost $2 trillion in 2017.

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IT budgets are seeing an increase while Business Suite is still relevant. [shutterstock: 302007509, SFIO CRACHO]

IT budgets are seeing an increase while Business Suite is still relevant. [shutterstock: 302007509, SFIO CRACHO]

DSAG: Business Suite Still Relevant to Most Members

The results of the 2017 DSAG investment survey reveal that over 60 percent of the budgets of the members of the German-speaking SAP User Group (DSAG) surveyed is being spent on digitalization. Companies in the trade and services sectors are investing in new business models the most. More work needs to be done to explain S/4 to members and convince them of its benefits. A third of respondents will have switched from Business Suite within the next three years. The remaining two thirds are still undecided or are biding their time.

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