Gartner (News - Alert) expects to see the global IT market reach $3.8 trillion in 2014, with North American enterprises being at the forefront of this trend. North American businesses are allocating more spend to IT this year than ever for a number of reasons. Let's take a look at a couple below: 

1. The economy is growing stronger by the day: The weather is getting hotter, and so is the economy. According to Managing Vice President at Gartner Richard Gordon, IT managers are responding to this growth by heavily investing. “Globally, businesses are shaking off their malaise and returning to spending on IT to support the growth of their business,” he says.

2. IT services are always in demand: This statement holds true even during weak investment periods due to the fact that businesses need to communicate and ensure uptime all the time. IT services are required to ensure business continuity and keep operations as secure and effective as possible, especially for the SMB owner who may not have a dedicated IT team on-site. These kinds of companies stand to benefit greatly from a hosted services provider, who can manage, maintain and provision services off-site for optimum efficiency—and at a fraction of the cost compared to physical hardware.