According to the latest Forrester research report on IT industry, the growth in IT industry in 2014 would be more than the growth achieved in 2013. The report reveals that the business and the government IT purchasing would increase by 6.2% in the current year and it would continue to improve in the coming years. The research paper compares this figure with 1.6% growth achieved in 2013. In 2015, Forrester expects the growth percentage to increase to 8.1%. But the report also adds that the double digit growth rates that one witnessed in the late nineties can never be replicated.

Forrester places its bet on three major areas in the IT industry to drive the growth. One is the cloud computing, the second is the business intelligence and analytics and the third is the mobile application development. The Forrester report also predicts that the SaaS(Software as a Service) would grow by 20%. It also predicted that the on-premise software installation would see growth in numbers, particularly in Asia, Europe and emerging markets. Forrester report also mentions the strategy to be adopted by tech majors including Apple, which would be a right mix of the on-premise software and cloud based applications for running their business operations.

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