Cloud Momentum & CIO Optimism Point to a 4% Rise in 2021 Tech Spending
New data suggests that tech spending will be higher than we previously thought for 2021. COVID learnings, a faster than expected vaccine rollout, productivity gains & gain-sharing; along with broad-based cloud adoption, lead us to raise our outlook for next year. We now expect a 3-5% increase in 2021 technology spending, roughly double our previously forecasted growth rate.