Forecast Report

The Midyear Global Tech Market Outlook For 2016 To 2017

Slowing Economies And Cloud Constrict Tech Market Growth

September 16th, 2016
With contributors:
Matthew Guarini , Rachael Klehm

Summary

CIOs in the middle of 2016 are facing the pull from their business partners to invest in new mobile, cloud, and analytical technologies to help their businesses grow and the push from CEOs and CFOs to keep tech investment low due to weak economic growth and uncertainties about the future. The result will be weak growth in overall tech spending in 2016 and 2017, with expanding cloud options allowing CIOs to provide new solutions for business while cutting spending on licensed software, hardware, traditional outsourcing, and on-premises systems. This report will help CIOs navigate these choppy waters.

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