worldwide spending in the tech industry is expected to increase more than 5 percent annually in 2023. The global IT market is projected to reach $4.6 trillion this year, up from $4.4 trillion in ...

Cognizant Technology Solutions forecast annual revenue below estimates on Wednesday, as uncertainty about the path of future ...

IT spending showed a consistent positive trajectory, marking a significant rebound from the previous year's challenges. Read ...

However, the current pace of AI investment is unlikely to be sustained beyond 2025, suggesting potential shifts in the industry landscape in the years to come. Spending on hardware is also ...

The last time we had a contraction in IT spending was back in the financial crisis in 2008 and 2009. And since then, there’s been a radical transformation in the IT industry and how much tech ...

Days after Chinese startup DeepSeek's breakthrough low-cost AI computing shook the U.S. technology industry, CEOs of ...

Despite the time it’s taking to recover, those in the IT industry will no doubt be glad to see that Gartner has raised its expectations for spending this year.

Artificial intelligence to accelerate IT spending in 2025 By Sibahle Malinga, ITWeb senior news journalist.Johannesburg, 20 Jan 2025US tariffs on technology imports could seriously constrain IT ...

AI is leading US consumers towards a tech spending bonanza this year if tariffs don't materialize, new research from the Consumer Technology Association finds.