Significant Growth Expected in the IT Industry for 2012

If IT industry experts are correct, 2012 could see significant growth in every part of the industry. However, the best results are expected to be seen in web hosting, cloud services, and the physical hardware needed to run virtual servers. As more and more businesses are going online they are discovering the benefits of letting someone else provide their web hosting service rather than absorbing the cost of purchasing and maintaining their own equipment. This certainly bodes well for the world’s biggest and best web host providers.

Gartner Inc., a leading technology research analyst firm, projects IT growth to exceed more than US $3.5 trillion within the next 12 months. Much of this will be driven by the new innovations being offered in virtual hosting and cloud environments. If predictions are correct they would portend an increase of nearly 4% over 2011. This would be quite an accomplishment given the still stagnant worldwide economy and the hardware issues brought about by flooding in Thailand last year.

Further bolstering the predictions is a report out of Information Week which claims that cloud hosting has finally entered the mainstream. Just a few years ago the cloud was new enough that many businesses didn’t want anything to do with it. But cloud technology has advanced to the stage where it’s ready for widespread adoption.

Whether or not growth predictions for 2012 are realized could hinge on how successfully cloud service providers pitch their environments. A task which may be easier said than done if surveys conducted last fall are any indication. Those surveys clearly showed that a lot of ignorance still exists regarding cloud computing; ignorance that might be keeping many companies out of the arena.

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