{"id":2800,"date":"2012-11-15T11:57:00","date_gmt":"2012-11-15T16:57:00","guid":{"rendered":"http:\/\/southjerseytechies.net\/blog\/?p=2800"},"modified":"2015-06-03T13:39:14","modified_gmt":"2015-06-03T17:39:14","slug":"it-budget","status":"publish","type":"post","link":"https:\/\/southjerseytechies.net\/blog\/it-budget\/","title":{"rendered":"Every Budget is an IT Budget"},"content":{"rendered":"<p><span style=\"color: #ff6600;\">Summary:<\/span>\u00a0Technology will be embedded everywhere and disrupt traditional IT and the vendors and ecosystem that goes with it.<\/p>\n<p>ORLANDO&#8212;Global technology spending will surpass the $4 trillion mark in 2016 and digitization of industries will ultimately force a rethink on what is IT overall, according to Gartner.<\/p>\n<p>In other words, the technology pie is going to get a lot larger, but murkier.<\/p>\n<p>The big theme: <a title=\"IT Budgets\" href=\"http:\/\/southjerseytechies.net\/blog\/it-budget\/\">Cloud<\/a>, mobile, social and big data will come together to create a technology boom with a bevy of challenges and disruption ahead.<\/p>\n<p>&#8220;Every budget is an IT budget,&#8221; said Peter Sondergaard, senior vice president of research at Gartner. &#8220;Technology is embedded in every product.&#8221;<\/p>\n<p>His point: More technology spending will occur outside traditional procurement methods. Consumers will spend more disposable income on technologies. Industries traditionally thought to be non-tech will be digitized. And technology will be embedded into everything.<\/p>\n<p>There will be chief digital officers in most companies. By 2015, 25 percent of companies will have a chief digital officer. The role: Digitize the business.<\/p>\n<p>Gartner&#8217;s theme at its Symposium CIO powwow is that there&#8217;s a nexus of technologies that will revamp corporate technology, vendors and employment. Nexus is a word that will be beaten to death at this annual CIO leadership therapy session. The forces inside this nexus are all interdependent.<\/p>\n<p><span style=\"color: #ff6600;\">Some takeaways to ponder from Sondergaard&#8217;s talk:<\/span><\/p>\n<ul>\n<li>Big data is the killer <a title=\"IT Budget\" href=\"http:\/\/southjerseytechies.net\/blog\/it-budget\/\">application of the cloud<\/a>.<\/li>\n<li>The cost savings of cloud haven&#8217;t been realized&#8212;subscriptions have\u00a0trumped pay as you go.<\/li>\n<li>80 percent of businesses are using SaaS.<\/li>\n<li>IT departments mostly use private clouds.<\/li>\n<li>Two versions of cloud are emerging&#8212;IT&#8217;s and everyone else.<\/li>\n<li>Business process services in the cloud will be a $145 billion market in\u00a02016, doubling from today.<\/li>\n<li>Cloud will develop and transform with or without IT&#8217;s support.<\/li>\n<li>It&#8217;s the end of the beginning for corporate IT.<\/li>\n<li>Corporate IT needs to think mobile first in all designs.<\/li>\n<li>Big software vendors won&#8217;t be able to think mobile first.<\/li>\n<li>There will be more iPads in the enterprise than BlackBerries in two\u00a0years.<\/li>\n<li>Enterprises will have to spend time monitoring physical assets and the\u00a0data they spew.<\/li>\n<li>Social computing will become more important.<\/li>\n<li>10 organizations in the U.S. will each spend more than $1 billion on\u00a0social media in 2016.<\/li>\n<li>Automated and paid reviews will be common nefarious uses of social\u00a0media.<\/li>\n<li>Continual stream of information will transform decision-making and industries.<\/li>\n<li>85 percent of marketing organizations will outsource the analysis of big data.<\/li>\n<li>Companies will be judged based on the quality of their algorithms.<\/li>\n<li>CIOs will have to find new workers to do the big data jobs required.<\/li>\n<li>CIOs will have to think like entrepreneurs.<\/li>\n<\/ul>\n<p><span style=\"color: #ff6600;\">And the effects of this disruption:<\/span><\/p>\n<ul>\n<li>Consumers will spend more disposable income on technology spending. Consumer tech spending was 3% of disposable income in 2011. By 2015 will be 3.5 percent of spending.<\/li>\n<li>Security infrastructure will have to be rethought completely because it could hinder progress.<\/li>\n<li>Social and reputation wars will become an issue just like malware.<\/li>\n<li>The IT market will change. The large IT megavendors are being challenged by at least one of the forces in the nexus. &#8220;Are your vendors accelerating your march into the future or putting the brakes on your progress?&#8221; asked Sondergaard.<\/li>\n<li>Spending on technology outside the IT market will surpass levels inside.<\/li>\n<li>1.9 million IT jobs will be created in the U.S.<\/li>\n<li>6 million jobs in the U.S. created by information economy over the next 4 years.<\/li>\n<li>There isn&#8217;t enough talent to fill those jobs.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Summary:\u00a0Technology will be embedded everywhere and disrupt traditional IT and the vendors and ecosystem that goes with it. ORLANDO&#8212;Global technology spending will surpass the $4 trillion mark in 2016 and digitization of industries will ultimately force a rethink on what &hellip;<\/p>\n<p><a href=\"https:\/\/southjerseytechies.net\/blog\/it-budget\/\">Continue Reading<span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":219,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[301,103],"tags":[601,602],"class_list":["post-2800","post","type-post","status-publish","format-standard","hentry","category-cloud-computing","category-tips-info","tag-cloud-technology","tag-it-budget"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Every Budget is an IT Budget<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southjerseytechies.net\/blog\/it-budget\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Every Budget is an IT Budget\" \/>\n<meta property=\"og:description\" content=\"Summary:\u00a0Technology will be embedded everywhere and disrupt traditional IT and the vendors and ecosystem that goes with it. 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