Goldman Sachs have just updated their report on IT Spending in 2010 and 2011. Key findings of this report are:
- IT spending is expected to be up 7% in 2010, but it will only be up 4% in 2011.
- There was significant pent-up demand in the first half of 2010. Goldman expects decelerating growth in the 2nd half.
- Government spending in US and UK expected to be down, impacting second half numbers for 2010.
Additional findings from this report are also interesting. On the Enterprise server front, HP and Cisco are gaining at the expense of Oracle/Sun. On the software provider front, VMware, Solarwinds, salesforce.com were the top three gainers.
The survey also points to increasing SaaS adoption in the enterprise, although SaaS licenses are still a very small portion of total licenses (responses to the survey indicated 3% of their licenses were delivered over SaaS – likely to increase to 5% next year). Top SaaS applications for the enterprise are web conferencing, email, and human capital management apps.
Not surprisingly, VMware, Microsoft, and Citrix are dominant in the virtual desktop market with VMware and Citrix alone accounting for 90% mindshare!