Hindsight is often 20/20, but sometimes foresight can be illuminating, too.
Gartner caused a mini-stir this week when it issued its latest prediction for data center spending in the coming years. Despite the rebounding economy and the drive to build out cloud infrastructure, the group is actually dialing back the rate of growth by a rather hefty margin. Rather than the 3.2 percent growth that the company anticipated earlier in the year, the forecast is now set at 2.1 percent, which translates to about $3.75 trillion.
Of course, this is still a significant wad of cash, representing the sum total of all data-related spending across the globe, ranging from devices and data center systems to software solutions, telecom and the wealth of new services that are hitting the market at a steady clip. For IT’s part, Gartner is expecting a still respectable 3.7 percent climb into 2015, representing about $3.9 billion in revenues.