Forecasts, Optimism and Questions
First, I apologize for this post being late. I will endeavor to get back on schedule. I will not promise never to be late again. This post will focus on an interesting document Gartner has put out. It’s titled “Gartner Perspective: IT Spending 2010″. For your convenience, a link to it is provided here. I’m not going to discuss the entire document, only the parts that I found most interesting. The survey was based on global data. I am most interested in North America because that is where I buy my groceries and my customers buy theirs.
The most interesting table is Table 6 shown below.
What I find most interesting in this table is to compare the actual amounts, not the percentages. If we compare the 2010 forecast to 2008 data we see that spending actually should grow in 2010 over 2008 in the USA, Latin America, the Middle East/Africa, Japan and Asia Pacific. That is not true for Eastern & Western Europe and Canada. For those of us who rely mainly in the USA for our source of business this is good news. It implies that 2009 will be an exception to otherwise steady growth. Remember, 2008 results were dropping off by the end of the year.
Another interesting table is Table 7, shown below.
Since this table is global, it implies that Europe and Canada are depressing the vertical results. On a global basis all verticals are off about 4.7%. The Gartner report has additional insights.
Finally I want to focus on Table 9.
(Warning: below is a blatant self-serving pitch)
What I like about Table 9 is that it prioritizes the focus areas for all businesses. It ranks business process improvement as first priority and ranks improving enterprise workforce effectiveness as third highest. Both of those areas are the focus of StrAIT Advisors. The idea of business IT alignment delivers on both of those. I am delighted to see this data in this report. Obviously, this means that you should take both of those areas and business IT alignment very seriously. Oh, and think of StrAIT Advisors at the same time.
(End of blatant self-serving pitch)
I want to encourage you to get a copy of this report. It’s free and readily available. I think it provides some very useful insight. I find it to be a source of optimism with a few questions. We all can use a little optimism these days.
