back to article By 2019 world will spend $2.8 TREELLION on the rubbish we write about

Information technology analyst house IDC says that world spending on information technology will hit US$2.8 trillion in 2019, up from this year's $2.46 trillion. Healthcare outfits will do the heaviest lifting, lifting their spending by a compound annual growth rate of 5.5 per cent. Financial services types, the media sector …

  1. Doctor Syntax Silver badge

    Do they never learn?

    Take a few points. Draw a line through them. Extrapolate until whatever it it you're "analysing" exceeds the mass of the Earth. Then be amazed when it doesn't happen. And if you're investing in the business involved draw out all your investment as soon as reality and the projection part company.

    1. Harry Kay

      Re: Do they never learn?

      Probably worth trying a credibility check. Take their predictions for the last 5 years, and see what actually happened. If they are reasonably close, trust the forecast. If not, then draw your own conclusions.

      Remember, their clients, who pay their fees, want to see a nice steady increase in predictions, and may be using these reports to support their own internal projects.

      1. Doctor Syntax Silver badge

        Re: Do they never learn?

        "Take their predictions for the last 5 years"

        If an analyst makes a prediction for N years hence they should accompany it by their predictions from N years ago. And even if they don't I'd like to see journos pick them out of the morgue & print them alongside the current stuff. It'd make much more interesting articles than more DevOps & software defined hypergasmscale.

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