According to Gartner’s latest data, worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8.8% from 2022. We asked our network whether or not they agreed with this prediction and how they defined their plans for 2024: : IT has been : We will likely cut elevated as a primary driver of (or have already) our spending plans productivity and will continue to be in a leadership role for 2024 from a budget : Expect standpoint both increases in spending and cost reductions, so a flat overall budget : 2024 will likely be harder economic times for most companies, and all budgets including IT will be scrutinized Our network is aligned with Gartner, with 82% either bullish or tentatively optimistic on budget outcomes for 2024. , with security and sales productivity coming in second and third. The losers are outsourced services, including contractors. Traditional service providers may not yet have the talent required to address complex AI-related needs, leaving an opportunity for startups who focus on services to get a foot in the door at the enterprise level.