March 04, 2013

International Data Corporation predicts that IT spending across all major enterprise industries will grow by $74 billion, or 6%, in 2013, according to a statement released today with the company’s United States Black Book 4Q12, the latest version of a quarterly review covering IT spending across vertical industries. Despite an unstable start to the year because of uncertainties around the fiscal cliff and the eurozone, IDC said that it expects moderate growth in the U.S. economy in the second half of this year, which will push IT spending growth.

[See Related: Global Bank IT Spending to Reach $179.2 Bln in 2013: Celent ]

“Global uncertainty has subdued the willingness of firms to expand their IT budgets,” Ted Dangson, IDC’s Vice President of Global Technology and Industry Research Organization, said in the statement. “Yet we’ve seen continued investments by companies as they prioritize the replacement of outdated technology, and pursue strategic IT initiatives focused on big data and analytics, cloud computing, and mobility.”

The highest IT spending increases, according to the Black Book, will be seen in the healthcare and the professional services industries. Those verticals will see increase of more than 8%, the study said. Those spending increases will be driven by increased volumes of data and higher corporate profits as the economy improves, the study predicted.

The Black Book also predicts IT spending by state, with the biggest spending increases on IT predicted to be in companies in Texas, Utah, Arizona and North Dakota, according to the study.

ABOUT THE AUTHOR
Jonathan Camhi is a graduate of the City University of New York's Graduate School of Journalism, where he focused on international reporting and interned at the Hindustan Times in Delhi, ...