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Technolink of the Rockies Announces Substantial Increase in IT Spending to Come in 2022

Leading MTSP Increases Their Customers' Productivity with New Microsoft Applications

Man and woman IT technicians with tablet monitoring data in server room.

ENGLEWOOD, CO – Technolink of the Rockies, a leading managed technology services provider (MTSP), recently shared that IT research and consulting firm, Gartner, states that "Worldwide IT spending is projected to total $4.5 trillion in 2022, an increase of 5.5% from 2021." The three largest subcategories of that $4.5 trillion forecast are enterprise software, IT devices and IT services, which will increase 13%, 15% and 11%, respectively.

To put these numbers into perspective, total IT spending will increase by approximately $230 billion, which an amount equal to 100% of the federal corporate income taxes collected by the US government in 2019. This is a monumental amount of growth which can likely be attributed to employers embracing work-from-home (WFH) or hybrid-work environments, security concerns over cyber security breaches and the world's desire to utilize cloud technology. For small to mid-sized businesses (SMBs) this means that they will have more access to enterprise-level technology solutions, which will empower them to drive productivity and increase their bottom-line, if they position themselves properly…

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