Friday, 24 March, 2023

Global government IT spending to decline by 0.6% in 2020: Gartner

<p>Govt IT spending globally will decline by 0.6% y-o-y to $438B in 2020, reported Gartner. IT services will be a highly-invested IT sector among governments at $152.7B whereas software sector will experience the strongest growth in investment with a 4.5% increase in 2020. Important but less urgent IT projects like ERP and RPA will be delayed to make room for immediate and critical spending. Cybersecurity, Digital govt services etc will continue to see investments.</p>