Businesses are facing a rapidly evolving technological landscape, with IT budgets either flat or seeing slight increases, but under more pressure than ever to deliver more value. Global IT spending is expected to grow by eight percent in 2024 according to , reaching a staggering $5.1 trillion this year driven by cloud computing, AI, and cybersecurity investments.
Yet despite this growth, many organizations are still struggling with outdated infrastructures that hinder their ability to innovate and remain competitive. This is because of legacy ‘creep’ of systems accumulated over time, due to M&A, or simply because they don’t have the right level or volume of skilled personnel. Security and compute performance are no longer optional but critical elements that can make or break a business.
With cybersecurity spending expected to top the list of priorities for this year and next, companies are scrambling to integrate robust security solutions into their IT modernization strategies. Meanwhile, businesses that fail to invest in modern, scalable infrastructure run the risk of falling behind their more agile competitors. Modernization, powered by solutions like HPE ProLiant Servers and Intel Xeon Scalable processors, ensures not only the security and stability of today but the future-proofing necessary for tomorrow’s innovations.
Balancing business as usual with innovation Businesses are under increasing pressure to keep daily operations running smoothly while staying a.