Nearly 50 percent of North American and European companies involved in "the 2018 State of IT" survey by Spiceworks said they hoped to increase their information technology (IT) budgets by 19 percent this year. They'll be allocating more money to software and hardware, including networking systems, cloud-based services, mobile technology, servers, external storage, and IT managed services. Around 60 percent of the respondents expected their revenues to increase in tandem with their growing technology budgets.
Healthcare devices generate a tremendous amount of data. Too much, in the minds of some doctors, who worry the flood of information generated not only by devices in healthcare settings but also by emerging "recreational" health monitors and in-home health tech, can lead to "data overload" that will cause providers to lose the forest for the trees and misdiagnose patients. Healthcare IT professionals also fret about the challenge of storing and analyzing this fire hose-volume stream of data. And for good reason. The so-called "internet of everything" – networked products which in the healthcare field run the gamut from pacemakers to MRI machines – is expected to generate a staggering 507.5 zettabytes (that's 507.5 trillion gigabytes) of data by 2019.