Australia and New Zealand standout in a positive light as worldwide IT spending is forecast to total $3.54 trillion dollars in 2016, just a 0.6% increase over spending of $3.52 trillion dollars in 2015.
Australia is bucking the global trend in declining public sector spending on IT and technology products, with federal, state and local governments here forecast to grow by 5.8% to $10.8 billion by the end of this year, and to almost $12 billion by 2019.
66% of Australian CIOs believe non-IT departments will ‘eventually’ spend more than central IT procurement as businesses face a new wave of technological disruption in 2015.
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