Friday, 24 March, 2023

IT spending in India to slip 5 years low: Gartner

<p>Organisations in India will spend $83.5 bn on its IT infrastructure in 2020, a decline of 8.1%, according to Gartner. In the first decline in five years, devices and Data centre systems to record the steepest slip at -15.1% and -13.2%, respectively. Spending will shift towards DaaS, IaaS, VPN and security resulting in an increase in Cloud adoption and spending. Sectors in advance stage of digitalisation will cut their IT budget i.e retail, insurance, and banking.<br /> &nbsp;</p>