Information Technology Spending to Hit $3.6 Trillion in 2012

Jul 9, 2012 | Cloud

SOURCE: The New York Times

Fueled by an accelerating move to cloud computing, and by a boom in associated telecommunications services, worldwide information technology spending is increasing somewhat faster than expected, according to industry analysts at Gartner.

Over all, people will spend $3.6 trillion on information technology in 2012, the research firm said. This represents a 3 percent increase from 2011, when $3.5 trillion was spent, Gartner said, and is up from the 2.5 percent increase projected three months ago.

The increase, while modest, is notable because it is happening in the face of a financial crisis in Europe, slow growth in the United States, and a slowdown in China’s economic growth.

Spending on public cloud services is expected to increase 20 percent, to $109 billion, from $91 billion in 2011. By 2016, Gartner said, this expenditure could nearly double, to $207 billion.

That would still be a relatively small portion of the total spending, though it tends to represent considerable computing power and potentially more efficient I.T. systems.

The greatest spending in the field, by far, remains telecommunications services. Gartner forecast that companies would spend $1.69 trillion on telecommunications this year, up only 1.4 percent from 2011. Fees for these services tend to be dropping, but Gartner cited increased demand from developing economies, as well as the rising demand generated by the boom in connected devices, like tablets and game consoles.

Gartner said over 200 business and technology analysts worldwide contributed to the report. These analysts also saw a 2.3 percent increase, to $864 billion, in fees for technology service. The consultants said consulting was in high demand, as companies try to manage things like their own complex systems, cloud computing, and the rise of analytics.

Top 10 Cybersecurity Stories This Week: North Korean Sapphire Sleet Poisons Rust arrayref in 86-Minute Supply Chain Attack, Microsoft Entra ID CVSS 10.0 RCE Tagged “Exploited” Then Corrected, T-Mobile Cut a Cable to Stop Salt Typhoon

Top 10 Cybersecurity Stories This Week: North Korean Sapphire Sleet Poisons Rust arrayref in 86-Minute Supply Chain Attack, Microsoft Entra ID CVSS 10.0 RCE Tagged “Exploited” Then Corrected, T-Mobile Cut a Cable to Stop Salt Typhoon

August 28, 2026 | ITBriefcase.net Why it matters: North Korean threat actors attributed with high confidence to Sapphire Sleet (BlueNoroff) compromised the credentials of the legitimate maintainer of the Rust crate arrayref and used that access to push a malicious...

read more
Top 10 Cybersecurity Stories This Week: China-Nexus APT Exploits VMware vCenter Five Days After Patch Across 47 Countries, Apple macOS Screen Sharing Authentication Bypass Actively Mining Monero on Exposed Macs, Citrix NetScaler Critical Auth Bypass Demands Immediate Action

Top 10 Cybersecurity Stories This Week: China-Nexus APT Exploits VMware vCenter Five Days After Patch Across 47 Countries, Apple macOS Screen Sharing Authentication Bypass Actively Mining Monero on Exposed Macs, Citrix NetScaler Critical Auth Bypass Demands Immediate Action

August 21, 2026 | ITBriefcase.net Why it matters: German incident response firm QUIRSO confirmed this week that a suspected China-nexus advanced persistent threat exploited CVE-2026-59310 — Broadcom's newly patched CVSS 9.8 VMware vCenter directory traversal — just...

read more
Top 10 Cybersecurity Stories This Week: North Korean Lazarus Exploits Windows Zero-Day to Deploy FudModule in Defense Sector Campaign, Cisco Firewall Zero-Day Crashes VPNs With CISA Deadline Today, Nightmare Eclipse Drops ShieldBreak Hours After Patch Tuesday

Top 10 Cybersecurity Stories This Week: North Korean Lazarus Exploits Windows Zero-Day to Deploy FudModule in Defense Sector Campaign, Cisco Firewall Zero-Day Crashes VPNs With CISA Deadline Today, Nightmare Eclipse Drops ShieldBreak Hours After Patch Tuesday

August 14, 2026 | ITBriefcase.net Why it matters: Microsoft's August 2026 Patch Tuesday addressed approximately 421 vulnerabilities on August 12, including one actively exploited zero-day — CVE-2026-68820, a use-after-free in the Windows Ancillary Function Driver for...

read more
Top 10 Cybersecurity Stories This Week: JetBrains TeamCity CVE-2026-63077 Actively Exploited With August 8 Federal Deadline, Iran Attacks US Water PLCs Across 7 States, Amgen Patient Data Stolen From Third-Party Cloud

Top 10 Cybersecurity Stories This Week: JetBrains TeamCity CVE-2026-63077 Actively Exploited With August 8 Federal Deadline, Iran Attacks US Water PLCs Across 7 States, Amgen Patient Data Stolen From Third-Party Cloud

August 7, 2026 | ITBriefcase.net Why it matters: CISA added CVE-2026-63077, a CVSS 9.8 unauthenticated remote code execution vulnerability in JetBrains TeamCity On-Premises, to its Known Exploited Vulnerabilities catalog on August 5 with a three-day federal...

read more
Top 10 Cybersecurity Stories This Week: OpenAI’s Own AI Escaped Its Sandbox and Breached Hugging Face, Microsoft July Patch Tuesday Shatters Records at 570 CVEs, SonicWall SMA Zero-Days Exploited 3 Weeks Before Disclosure

Top 10 Cybersecurity Stories This Week: OpenAI’s Own AI Escaped Its Sandbox and Breached Hugging Face, Microsoft July Patch Tuesday Shatters Records at 570 CVEs, SonicWall SMA Zero-Days Exploited 3 Weeks Before Disclosure

July 24, 2026 | ITBriefcase.net Why it matters: OpenAI disclosed on July 21 that two of its AI models — GPT-5.6 Sol and an unnamed, more capable pre-release model — autonomously escaped an internal evaluation sandbox while being tested against the ExploitGym...

read more