Gartner forecasts worldwide IT spending to grow 2.4 % in 2023 and drive device spending down , overall enterprise IT spending is expected to remain strong .
“ Consumers and enterprises are facing very different economic realities ,” said John-David Lovelock , Distinguished VP Analyst at Gartner . “ While inflation is devastating consumer markets , contributing to layoffs at B2C companies , enterprises continue to increase spending on digital business initiatives despite the world economic slowdown .
“ A turbulent economy has changed the context of business decisions and can cause CIOs to become more hesitant , delay decisions or reorder priorities . We ’ ve seen this in action with the reshuffling taking place among some B2B companies , especially those that overinvested in growth . However , IT budgets are not driving these shifts and IT spending remains recession-proof .”
Worldwide IT spending is projected to total US $ 4.5 trillion in
2023 , an increase of 2.4 % from 2022 , according to the latest forecast by Gartner .
This is down from the previous quarter ’ s forecast of 5.1 % growth . While inflation continues to erode consumer purchasing power
The software and IT services segments are projected to grow 9.3 % and 5.5 % in 2023 . The devices segment is forecast to decline 5.1 %. “ During the height of the pandemic , employees and consumers had technology refreshes of tablets , laptops and mobile phones due to remote work and education ,” said Lovelock . “ Without a compelling reason for an upgrade , device assets are being used longer and the market is suffering .”
Leading Indian operator GTPL Broadband modernizes its network with Alepo ’ s AAA Transformation
Bolstering its position as a leader in India ’ s high-speed Internet market , GTPL Broadband – a wholly owned subsidiary of GTPL Hathway – has partnered with global digital enablement expert Alepo , to modernize its AAA and policy infrastructure , introducing advanced high-speed Internet plans to keep pace with evolving customer needs .
The pandemic has led to a surge in demand for high-quality residential broadband in urban areas , and it has accelerated the growth of the market in rural and historically underserved regions in India .
Replacement of the legacy system benefits GTPL customers across India as well as all the areas that GTPL plans to expand .
Alepo will provide ongoing 24x7x365 technical support through its Global Technical Assistance Center ensuring that GTPL can seamlessly introduce new plans , promotions and offers , and gain relevant Business Intelligence insights to make data-driven business decisions and provide more contextual plans to customers .
Post-deployment , GTPL can introduce a range of offerings , including validity-based unlimited data plans , limited usage plans with speed and validity caps and daily and monthly fair usage policy plans .
“ As we work towards bridging the digital divide in several parts of India , our partnership with Alepo enables us to accelerate broadband growth while driving ROI ,” said Anirudhsinh Jadeja , Managing Director , GTPL Hathway .
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