"Worldwide IT spending is expected to total $5.26 trillion in 2024, marking a 7.5% increase from 2023. Spending on data center systems is anticipated to rise by 24%." - Gartner, Inc.

"By 2025, 60% of PMO and EPMO staff will be required to have and apply greater financial acumen to drive business outcomes." - Gartner®️ Predicts 2023: Strategic Portfolio Leaders Must Navigate Trade-Offs to Address Opposing Pressures, Nov. 2022

"One VMware client shared that they're experiencing a 500% price increase based on their current use of VMware products and how it maps to the new licensing and packaging." - Forrester Research

"Approximately 30–35% of cloud spending is wasted, which could amount to $147 billion annually." - Various Sources

"On average, companies are wasting 37% of their software spend — a proportion that would be deemed unacceptable in any other part of the business." - Analysis covering 3.6 million seats and 1,800 software titles across 129 leading corporations

"Organizations waste between 23% and 42% of their development efforts on technical debt, impacting their budget and bottom line." - Recent Surveys 7. Forrester: Global IT Service Industry Spend Will Reach $2 Trillion By 2028

Software and IT services will capture more than two-thirds of global tech spending by 2027, Forrester projects.