Gartner forecasts enterprise IT spending to exceed $1.3 trillion in 2022 due to cloud migration

2022-05-09 0 By

Companies in efficient market segments will spend more on IT in public cloud computing than on traditional IT services by 2025.Enterprise IT spending will exceed $1.3 trillion in 2022 due to cloud migration and grow to nearly $1.8 trillion in 2025.The emergence of new technologies such as distributed cloud will amplify the ongoing transformation of the cloud in the IT market.Many new technologies will further blur the line between traditional and cloud offerings.