Information technology spending is projected to increase nearly 3% globally in 2015, amounting to over $3.5 trillion. The fastest growing areas are expected to be cloud computing and security, as companies shift infrastructure to cloud-based models for improved maintenance and updates. Relatedly, spending on security is anticipated to rise to defend against sophisticated cyberattacks, especially as security services adopt cloud-based systems.

1. TRENDS IN
INFORMATION
TECHNOLOGY
SPENDING IN 2015
By Antoine Chaya

2. Introduction
 A graduate of the Georgia Institute of Technology,
Antoine Chaya earned his doctoral degree in
information technology management. The senior
director of strategic accounts with Oracle Corporation,
Antoine Chaya also co-authored a paper on the
positive impact on business of information technology
spending.
Information technology spending as a whole is
expected to increase by nearly 3 percent in 2015,
amounting to a projected $3.5 trillion or more in
worldwide spending. To keep up with the pace of the
industry and to respond to a number of high-profile
issues that occurred in 2014, the fastest-growing
specialties include cloud computing and security.

3. Information Technology
Spending
 Perhaps the most significant change for small or
mid-sized companies, the shift from traditional
infrastructure to cloud computing refocuses
spending to a low-maintenance, secure, updated
interface that uses software as a service. Related
to cloud computing, information technology
security will gain importance throughout 2015. To
defend against complex cyberattacks, especially
as security services themselves move to the
cloud, security spending is also expected to focus
on attacks that use hacked systems as vectors to
reach more protected information.