It's Gartners opinion

Interesting analysis from Gartner. Yes, things have been incredibly slow, but do CIOs really have ‘change fatigue’?

Gartner nudges down global IT spending forecast
Meanwhile, software vendors are left paying the GenAI ‘tax’ as users yet to see value
“IT services spending is now projected to rise 7.1 percent in 2024, down from the previous forecast of 9.7 percent. The slowdown was a result of so-called “change fatigue” among CIOs lasting longer than Gartner had expected. Lovelock explained that, following the pandemic, large scale digital transformation initiatives became the responsibility of CIOs, who had big projects and contracts in the offing from 2021 to 2023. But since then they have been reluctant to take on such large projects, focusing instead on helping departments with incremental cost savings. It wasn’t a money thing. Nobody was seeing budgets seriously cut or impinged. It was just a slowing down in committing to new things”

License terms, support, the time taken to plan and get resource in place, business needs. All things that really mess up any ‘Oh I don’t want to do that right now’ strategy. When you delay you can pull pins on certain grenades that will go off at some stage.

Doesn’t ring true for me. But I don’t have another answer. Unless it really is just a ‘Fix stuff’ period? I’m always a fan of doing the basics.

Subscribe to Gary P Shewan

Don’t miss out on the latest issues. Sign up now to get access to the library of members-only issues.
jamie@example.com
Subscribe