While the hype around generative AI is palpable, enterprise IT spending so far has not been impacted by it.
That is one of the main takeaways from Gartner’s quarterly IT spending forecast, which finds that worldwide IT spending is projected to total $4.7 trillion in 2023, an increase of 4.3% from 2022.
Data center systems spending was down slightly year-over-year, but most other enterprise spending will increase, including software, IT and communications services outlay. according to the research firm.
“IT projects are shifting from a focus on external facing deliverables such as revenue and customer experience, to more inward facing efforts focused on optimization,” said John-David Lovelock, distinguished VP analyst at Gartner, in a statement.
