… Gartner now forecasts that 18 percent growth in 2016, to just a tad over $4.1 trillion What is really interesting is how core IT spending – datacenter hardware, software, and services – has come to dominate overall IT spending. …
… In 2026, Gartner is forecasting that core IT spending, as we call it, will rise by 14.2 percent to $3.95 trillion. The core IT spending growth is many times the rate of growth of global gross domestic product from the World Bank, as you can see in the monster table we have built above. …
… It blew through my forecasts from a year ago, and I strongly suspect it blew through Nvidia’s forecasts such as they were as well. …
… We will also remind you that the forecasts we talked about back in July from IDC and AMD had AMD being even more aggressive about the AI forecast. …
… Our most pessimistic forecast for Cisco, shows AI orders coming in at around $6.2 billion for Silicon One chips and switches and optics sold to the tech titans in fiscal 2026, which is a factor of 3X growth year on year. …
… A 20 percent growth rate is a heck of a lot more than the 1.6 percent growth rate IBM’s core systems business had in the trailing twelve months. …
… That forecast was for mid 40 percent CAGR in early 2025. …
… AMD is being very careful not to forecast any particular number because of the vicissitudes of the component supply chain and the capriciousness of some customers. …
… It directly affects our ability to protect communities, drive innovation, and sustain economic growth. …