It isn’t all about consumer apps! Analyst firm Forrester recently released a report looking at global IT spending, and apps are surely and steadily taking up more of the budget for enterprises and governments.
Of the projected $2.06 trillion Forrester expects to be spent on IT this year, applications account for $234.6 billion. Combined with custom-built software by contractors and consultants, middleware and operating systems, software as a whole makes up the largest portion of this year’s estimated spending, coming in at $542 billion. Of these four sub-categories, applications is the largest. From TechCrunch: Forrester’s big-picture look at spending puts software as the biggest general category for investments, at $542 million for 2013. “Software is where most of the big changes in technology are taking place,” writes Bartels. That is to say, while legacy, on-premise investments are “languishing,” those that focus on cloud-based implementations such as SaaS; and “smart computing” in the form of big data analytics and mobile apps are booming — following trends we’ve seen for a while now. Overall, software investments are set to grow 3.3% this year and 6.2% in 2014 — growth rates that he concedes “may not seem impressive [but still] stronger than any other tech category.”