After years of tight budgets and cost-cutting measures, the IT industry is back on track, with worldwide spending expected to reach nearly $3.5 trillion this year alone. And there's even more growth ahead, say industry watchdogs, who predict a...
February 16, 2011
After years of tight budgets and cost-cutting measures, the IT industry is back on track, with worldwide spending expected to reach nearly $3.5 trillion this year alone. And there’s even more growth ahead, say industry watchdogs, who predict a compound annual growth rate of 4% over the next five years.
From cloud computing and social media, to smart devices and green computing, there are several top trends to watch for, say organizers of the upcoming iTech Infrastructure Technology Summit and exhibition taking place in Montreal (Apr. 5), Toronto (Apr. 7), Calgary (Sept. 20) and Vancouver (Sept. 21).
“There’s no escaping today’s digital world,” says Chuck Wright, Director of iTech Summit. “Whether you’re an end-user, system integrator, value-added reseller or IT decision-maker, you need the latest solutions or services out there.”
Topping the list of industry trends is sustainability, notes Wright. “The current focus on energy, water and greenhouse gas emissions is expected to continue, making environmental performance just as important as financial and operational performance,” he said. “IT has a critical environmental role to play, from helping to ensure compliance to enabling green computing.”
Based on Gartner, Inc. research, iTech Summit organizers predict the following additional IT trends for 2011 and beyond:
* Social Media: Enormous amounts of money and time will be dedicated to understanding how social media is changing the way business is conducted, and how IT leaders can capitalize on the growing power of social networks.
* Cloud Computing: Strip away the industry hype and cloud computing is simply a shift in the way IT services are delivered. According to Gartner, Inc., all Global 2000 companies will be using cloud computing services by 2016.
* Smart Devices: There’s no doubt smart phones are becoming an employee favourite, even if they remain an IT management concern. Watch for slimmed down, low-cost desktop replacements to make their way out of the consumer store and into the enterprise.
* Context-Aware Computing: According to Gartner, Inc., unlocking the potential of context-aware computing – solutions that take advantage of location and time – will be one of the next major challenges to face IT.
* Network and System Maintenance: IT executives are rethinking how and where they use employees as more and more companies turn to strategic outsourcing of non-core maintenance tasks.
* Innovation: The recent recession has spurred the need for innovative thinkers who can find new ways to stimulate growth. Five years from now, innovation accomplishments will be one of the top three selection criteria when hiring new chief information officers.
Passes to the conference, which are valued at $295, are complimentary to qualified IT professionals.
Further information is available at www.itechsummit.ca.