IDC: Global IT market showing positive 2014 outlook | ALC Training News

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The global IT market is showing signs of improvement, with recent volatility slowly giving way to a more positive outlook. This is according to a new report from the International Data Corporation (IDC), which found mature economics to now be heading in the right direction.

Factors such as a commercial PC refresh and a moderate infrastructure upgrade cycle will lead to improvements in business confidence over the next 12-18 months. What's more, investments in both software and services are also predicted to begin accelerating.

Markets such as the United States are estimated to be at the centre of the spending resurgence, with both services and hardware contributing to market improvement.

"[…] The U.S. economic outlook has already brightened and this will drive a period of moderate but long-awaited investment in mission-critical infrastructure over the next year," said Stephen Minton, a vice president at the IDC.

Spending is predicted to increase by 4.5 per cent over the remainder of this year, consistently being driven by smartphone growth. Data analytics, management, and collaborative application software will also be a strong contributor to continued spending and growth.

"Total worldwide IT spending will reach almost $2.1 trillion in 2014. Including telecommunications services, the worldwide ICT market will increase by 4 per cent to $3.7 trillion," the IDC report stated.

A key focus of IT spending should be on effective project management, with courses such as PRINCE2 offering the best methodologies. PRINCE2 covers high level management, control and project organisation – key for a modern business.

By investing in the necessary frameworks and methodologies now, businesses will be able to effectively prepare for IT infrastructure changes over the next few years.

Failure to understand how these new frameworks can benefit your organisation could be a mistake, leading to slow uptake of new IT technologies and services.

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