New – Tech Update: Businesses are spending more on IT this year
Prices are shooting up. Inflation is up, the price of petrol is up, and energy prices are rising. Yet businesses are increasing their IT spending this year.
Here’s why.
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Prices are shooting up everywhere right now.
Inflation is up… the price of petrol is up… and of course, energy prices are through the roof.
Despite this, new research says spending on IT is increasing too. And globally should hit a massive 3.3 trillion pounds this year.
Businesses are happy to keep spending on IT to stay flexible, maintain good data security and actually reduce costs in the long term.
What are they spending the money on?
Often it’s putting more systems online – things like servers, data storage and service delivery.
There’s also increased spending on software, infrastructure and managed services from partners like us.
Money’s also going on devices. 633 million pounds will be spent on hardware this year thanks to upgrades and working remotely.
If you’re planning to invest in your IT in the next 6 months, this would be a great time to switch to a new IT partner.
We can help you step back and take a big picture look at what you want to achieve… before you start spending.
If you would like to know more give us a call on 03330 509625 or complete the form below.
That’s your tech update, more next week.

Carl Matthew Hamilton
Carl has the experience required to solve any IT queries & manage your IT infrastructure.
With over 20 years in the IT industry and a vast amount of experience and author of 303 posts and many more waiting to be published.
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