Enterprise IT Infrastructure Spending on the Rise

Adoption of cloud services continues to influence enterprise spending, including that earmarked for collaboration, as newly released Synergy Research Group (SRG) data shows. Data released by SRG this week shows that enterprise spending on IT infrastructure increased by 13% on average in 2018, as gleaned from analysis of six key enterprise infrastructure segments. As shown in the below chart, spending on hosted and cloud collaboration infrastructure saw the second highest growth for the period (Q4 2017 to Q3 2018), landing just above the $25 billion mark, up 22% over the preceding four quarters. This growth is due, in part, to decreased spending on premises-based collaboration products, SRG said. For the same period, on-prem collaboration spending reached just over $15 billion, decreasing 4% over the preceding four quarters.