IT Spend
topic on 4 shows · 5 statements across 5 episodes
the Official SaaStr Podcast 
WTF is with Nikhil Kamath 
Capital Allocators 
the a16z Podcast
5 statements about IT Spend, every show
Gartner: Software Spend Growth Projected to Reaccelerate to 15.2% in 2026
“This is, and if they're predicting it's going to reaccelerate to 15.2 for software, 9.8% overall for it.”
Fraden: JPMorgan Chase spends $18B on IT versus $200B on payroll
“JPMorgan Chase's global IT spends on the order of 18 or nineteen billion dollars, and they spend a couple hundred billion dollars a year on people.”
Shankar: Real estate and construction spend under 1% of revenue on IT
“Real estate and construction spend less than one percent of their top line on IT, which includes your laptops and SAP licenses and Microsoft licenses.”
Papa: 2001 saw first year-over-year decline in global IT spending
“And the world of IT spend froze in 2001. It was the first year over year decline.”