In this ESG Video, ESG's Mark Peters discusses the IT Infrastructure implications of ESG's 2017 IT Spending Intentions Survey. This is Part 1 of a 2-part video.
Hello, this is Mark Peters, Practice Director for Infrastructure here at ESG. ESG's annual Spending Intentions Research is like a State of the Union for IT. The report is available on our website. But being so broad, the research headlines alone can be captivating. So here, I'll look behind a couple of findings to elaborate what they mean for infrastructure vendors. After all, it's generally reassuring for vendors to know that 53% of respondents expect their overall IT spending to be higher in 2017 than 2016, most by 5% or more. But that only translates to business if vendors play, and play appropriately, in the right spaces.
Let's start with some data. The biggest relative spending growth this year versus last is for cybersecurity, which is also far and away, the biggest IT "meta trend." Other significant 2017 growth occurs in BI and analytics, cloud, and mobility.
What's the meaning for vendors? All infrastructure hardware and management vendors must have a commentary and opinion on these topics, whether they directly compete in each arena or not. Relevance and insights beget value.
What about cloud? Ninety-three percent of organizations already use the public cloud or have plans to. Moreover, four out of five users at least consider cloud for net new apps, either a "cloud-first" approach or a willingness to evaluate both cloud and on-premises. And the meaning here? All vendors needs to acknowledge, embrace, and/or compete in and with the de-facto, hybrid IT world. It's not a fad, it's a fact. Now I said, these were implications for vendors so they, in turn, can better serve the end-users that gave us these insights in the first place.