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Home International Customs

South Africa to spend R272 bln on IT

byCT Report
02/08/2016
in International Customs, South Africa
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CAPE TOWN: Gartner has predicted that South Africa will be forking out R272 billion on IT this year alone. If spending is on track for 2016, the country will be spend 3.8% more than last year. According to the analysis company, this year will also see is highest ever year-on-year spending on software, predicted to be at 11.4% of the total IT spend –  or R25 billion.

“Last year we witnessed an 8% increase in overall IT spending by South African organisations, and in 2016 companies are maintaining this, prioritising software,” explained John-David Lovelock, research vice president at Gartner. He explained that the spend on software was somewhat expected, as most systems run on software that needs to be maintained and updated. “Once you have the platform in place, your priority is to add software. South African companies are doing just that this year, purchasing their solutions in North America and Europe primarily, while buying cloud storage where the data needs to reside.”

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