Cyber, Cloud, Hybrid Work & Data Drive 8% IT Spending Growth in 2021

Every CEO is figuring out the right balance for new hybrid business models. Regardless of the chosen approach, which varies, technology executives understand they must accelerate digital and build resilience as well as optionality into their platforms. This is driving a dramatic shift in IT investments at the macro level and we expect total spending to increase at 8% or more in 2021, compared to last year’s contraction. Investments in cyber security, cloud, collaboration to enable hybrid work and data, including analytics, AI and automation are the top spending priorities for CxOs. #theCUBE #BreakingAnalysis #ETR