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$1 trillion in IT spending to be ‘affected’ by the cloud

July 29, 2016

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IT is moving to the cloud big time, says research and consulting firm Gartner. And while we’ve been aware of that for a while, the firm has also been coming up with some staggering corroborating numbers.

It says that by 2020, $1 trillion in IT spending will be “affected” by the shift to cloud. That’s roughly a little under a third of all IT spending, which in 2015 was $3.41 trillion globally and is projected to be $3.79 trillion in 2020, according to Gartner’s Q2 2016 forecast, published earlier this month.

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