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IT spending will reach $4.4 trillion by 2023

Cloud-powered IT and software services will capture nearly 66% of global IT spending by 2027.

According to Forrester’s ‘Global Tech Market Forecast’ estimates, by 2023, IT spending Worldwide, it will grow by 4.7% to reach 4.4 trillion dollars.

The Middle East and Africa (MEA) and Asia Pacific (APAC) will experience the fastest regional growth despite macroeconomic challenges, slowing liquidity, and geopolitical turmoil.

However, technological investment will continue to grow in the coming years. In 2027, software and IT services will capture 66% of global IT spending, up from 60% pre-pandemic. A boost in cloud application and platform services will contribute to this growth.

In this investment growth, Forrester’s forecast is that the market for public cloud reach $1 trillion by 2026, accounting for almost a quarter of global technology spending.

Despite facing a difficult 2023, IT managers hope to accelerate the growth of their organizations by improving operational efficiency and investing in areas such as R&D, cybersecurity and business digital transformation.

Europe, the lowest growth rate of IT spending

By region, it is expected that IT spending in Europe reached 3.6% this year. High inflation and weak business confidence will persist in the region. In addition, the UK, Italy and Germany will see unemployment rates rise as their economies enter recession. However, technology purchases are expected to grow between 4.8% and 5.5% between 2024 and 2027, thanks to the adoption of enterprise cloud.

In 2023, the consultancy forecasts regional IT spending growth to be 5.6% in the Middle East and Africa. By 2025, Africa’s internet economy could reach $180 billion, more than 5% of the continent’s GDP.

For its part, the Saudi government plans to invest $25 billion in technology. As cloud adoption accelerates, Nigeria and South Africa will see the potential for rapid growth in R&D investment over the next two years.

Investment in software and IT services is a high priority for large companies

The forecast is that IT spending in Asia Pacific for this year is an increase of 5.4%. China is expected to experience annual growth rates of at least 7% between 2024 and 2027. Investment in IT software and services is a high priority for large Japanese companies, while India’s technology spending will grow, presumably, a 9.6% this year. In the longer term, R&D investment will also boost technology spending in the Asia Pacific region.

In North America, IT spending will grow by 5.1%. Interest rate increases, high inflation, and low GDP growth are clouding the prospects for technology spending in this region.

In 2023, US technology spending growth will be 5.4%, down from 7.4% a year earlier. However, technology purchases in North America are expected to grow between 5.6% and 5.8% between 2024 and 2027 due to increased investments in R&D.

For Forrester analyst Michael O’Grady, despite macroeconomic uncertaintyglobal technology spending will exceed $4 trillion by 2023 as technology remains crucial to business.

“Over the next five years, we anticipate IT spending growth to further increase globally. Increased investment in R&D in the Middle East and Africa, Asia Pacific and North America; companies in APAC investing more in IT software and services; and accelerating cloud adoption in MEA and Europe will continue to drive technology spending.”

initial image | aidan hancock

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Test winner headphones: These ANC headphones beat even Sony from the throne

The most important things at a glance:

  • The Sennheiser Momentum 4 Wireless is our current test winner among Bluetooth headphones
  • You are currently getting the model for 268.21 euros at Amazon
  • Below you will find an excerpt from our best list of Bluetooth headphones
At the time of writing, Sony’s WH-1000XM5 is no longer our number one noise-cancelling headphone. The Sony headphones were beaten by the Sennheiser Momentum 4 Wireless.

The Momentum 4 Wireless convinces with a great, clear sound with a rich bass. As a reward, there is the top grade of 1.2, with which the Sennheiser model beats the former test winner in terms of sound. The excellent active noise suppression was also a lot of fun in the practical test. In our stress test scenario (simulated aircraft noise), the Sennheiser Momentum 4 Wireless attenuated very effectively for us. There is further praise for the excellent battery life: With the highest ANC strength, the Sennheiser Momentum 4 Wireless ran for a whopping 53 hours in our test scenario – a very strong performance. Although some headphones run longer without ANC, since the external signal processing cannot be deactivated with the Sennheiser Momentum 4 Wireless, we were not able to test this here.

A few small things bothered, for example, the ear cups can only be rotated, but not folded. But that’s complaining on a high level.

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Time change from Saturday to Sunday: Drivers now face a very special danger

The ADAC advises drivers to drive with foresight and be more aware of the dangers in order to avoid serious accidents involving wildlife. This applies in particular to forest sections and roadside field edges. In purely temporal terms, the evening and early morning hours during twilight are particularly dangerous. So foot off the gas and always be ready to brake.

An additional helper is the free Wildwarner app, which is available for Android and iOS. The uses acoustic signals to draw your attention to particular danger spots. The best way to do this is to connect the app to your car via Bluetooth and receive the information via the built-in music system. You do not have to operate the app itself while driving.

Wildwarner covers Germany, Austria and Switzerland. Hunters and drivers can optionally register and actively report danger spots themselves. If you already see wild animals on the side of the road, reduce your speed further and switch off the high beam. Horns can be used to scare away wild animals.

If you want, you can also report an accident with wildlife or a dead animal along the route in the animal find register. This is a database that systematically records animals nationwide.
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The end of “John Wick 4” explained: what comes after the action hit?

The end of “John Wick 4” probably came as a surprise to most fans. The ex-killer wins the duel against the nasty Marquis de Gramont (Bill Skarsgård) and is thus released from all duties to the Hohen Hammer. Unfortunately, he was badly injured in the shootout with his former friend and current antagonist Caine (Donnie Yen). And so, with everything settled, John Wick, bleeding heavily, sits on the steps below the Sacre Ceour Cathedral, looks up at the beautiful suns and thinks of his late wife Helen (Bridget Moynahan) before he falls dead himself. In the next scene, Winston (Ian McShane) and the Bowery King (Laurence Fishburne) stand in front of the former hitman’s grave and wonder whether he has ended up in heaven or hell.

So John Wick really does appear to be dead. And that, although it was said for a long time that there would be a fifth part. But as director Chad Stahelski has now revealed to The Hollywood Reporter, he and Keanu Reeves have only just finished the “John Wick” series. Nevertheless, they are not averse to further sequels. Unfortunately, ambiguous statements like these are standard in Hollywood. After all, you don’t want to obstruct the future of a franchise. But with Chad Stahelski’s announcement, you can be pretty sure that we won’t see a “John Wick” movie in the near future.

The post-credit sequence in the fourth part is all the more irritating. Because we see Donnie Yen’s character Caine again, how he visits his daughter. But before he can reach her, Akira (Rina Sawayama) suddenly appears. She probably wants revenge on Caine for killing her father. But before that happens, the film ends. Now, of course, one can speculate: is the scene just there to bring Caine and Akira’s stories to an end? Or is it even the cornerstone for a spin-off? An offshoot has already been confirmed that expands the “John Wick” universe.

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