Businesses Are Spending More on IT This Year

As a business owner or manager, you know how important good IT is. Your business couldn’t function without it. 

Your IT isn’t just about computers and data. It’s everything from your phone system, to your printers, to where you access your documents. 

And that’s without going into the measures you must take to keep your data and  infrastructure safe and secure from cyber criminals. 

So we weren’t surprised by a new forecast from IT research and consultancy firm, Gartner, which predicts businesses will spend more on technology this year. 

In fact, the global IT spend could reach an enormous £3.3 trillion. That’s despite rising  inflation, the Russian invasion, and shortages in both chips and IT talent. 

We believe there’s been a fundamental shift in the way businesses view their technology. 

Two years ago at the beginning of the pandemic, companies were forced to take unexpected urgent action to help employees work from home. In many cases that  meant a large investment in devices, rapid changes to systems, and the adoption of new  technology. 

And it’s worked out well for most. Businesses have adapted quickly and many have  embraced the changes on a more permanent basis. 

But it’s also made business leaders realise they need to be better prepared to respond to  future potential disruption. 

This is the difference between a flexible and agile business… and one that stumbles at  the first hurdle. 

Many businesses no longer see IT as a cost. They embrace it as an investment. They can see the direct correlation between creating robust, safe and flexible systems – and their teams’ abilities to achieve more. 

Owners and managers are also placing more value on excellent, proactive technology support from a trusted partner. 

To not only plan and execute big development projects, but also to help reduce downtime and ensure systems are secure and running as they should be. 

If you’re reviewing your spend on technology and support, we can help. Get in touch. 

About Us

J700 Group is a Lancashire-based, family-run, professional and responsive, Managed Solutions Provider helping Businesses, the Education Sector, and the Healthcare Sector to utilise Innovative IT Consultancy Services, Cloud Solutions, Cyber Security, Microsoft 365, Telecoms, Web Design and SEO solutions to propel their organisation to the next level and beyond.

As an experienced IT Support Provider, helping businesses across Lancashire & Manchester, if you need any assistance with your IT including IT Hardware, a Disaster Recovery Policy or Managed Backup Solutions; Contact Us today on 0333 7721 700  to see how we can help your business.

Where to find us: Prinny Mill Business Centre, 68 Blackburn Road, Haslingden, Lancashire, BB4 5HL

Enjoyed this? Read more from J700 Group Limited

Latest news

1

£23m housing scheme to open this summer St Martins Court Lancaster

£23m housing scheme to open this summer

22 Jun 2026

2

Digital future for Preston's iconic phone boxes The phone boxes

Digital future for Preston's iconic phone boxes

22 Jun 2026

3

National honour for Blackburn College restaurant Blackburn College Scholars award

National honour for Blackburn College restaurant

22 Jun 2026

4

£90m-backed regeneration plans submitted for Central Drive Artist's impression of Central Drive

£90m-backed regeneration plans submitted for Central Drive

19 Jun 2026

5

Manufacturers boost growth with digital investment Daleside Fabrication

Manufacturers boost growth with digital investment

19 Jun 2026

Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
LBV129 July/August Magazine Networking Event
Nov/Dec Networking Event
Networking
16 Jul 2026

LBV129 July/August Magazine Networking Event

Brysdales, Britannia Buildings Drumhead Road, Chorley, PR6 7BX

16:00 - 18:00

LBV130 September/October Magazine Networking Event
Jan/Feb Networking Event - Entrance
Networking
17 Sep 2026

LBV130 September/October Magazine Networking Event

The Beehive Blackburn, Shadsworth Business Park, BB1 2Q

08:30 - 10:30

LBV131 November/December Magazine Networking Event
Jan/ Feb Networking Event - Talking
Networking
19 Nov 2026

LBV131 November/December Magazine Networking Event

Lancashire

08:30 - 10:30

How to manage grievances…with confidence
Logo.jpg.jpg
LBV Hub Seminars
24 Jun 2026

How to manage grievances…with confidence

The Longlands Hotel, Carnforth, LA6 1JH

08:00 - 10:00

Cyber Crime Awareness Event
Logo.jpg.jpg
LBV Hub Seminars
24 Jun 2026

Cyber Crime Awareness Event

Morecambe Golf Club, Morecambe, LA4 6AJ

13:00 - 16:00

Preston Freelancer Meet-Up: June
June Freelancer Square.png.png
LBV Hub Networking
24 Jun 2026

Preston Freelancer Meet-Up: June

Society1 Coworking Space, Preston, PR1 3LT

10:00 - 12:00

How can smarter employee benefits reduce costs and improve staff retention?
Screenshot 2026-05-20 100211.png.png
LBV Hub Roundtables
25 Jun 2026

How can smarter employee benefits reduce costs and improve staff retention?

Forbes Solicitors , Preston, PR5 6AW

08:30 - 10:00

NO Rackets Required - The Ultimate Padel Party
Crowdfunder.png.png
LBV Hub Social
26 Jun 2026

NO Rackets Required - The Ultimate Padel Party

Pendle Padel Club, Nelson, BB9 5SR

16:00 - 00:00

How hackers target SMEs - and how to protect your business
Lancashire_gamesdesign_Feb26-2120.jpg.jpg
LBV Hub Seminars
02 Jul 2026

How hackers target SMEs - and how to protect your business

Engineering Innovation Centre, Preston, PR1 2XS

09:30 - 11:30

The AI Lab: Marketing Multiplier
Event post 03.07.png.png
LBV Hub Seminars
03 Jul 2026

The AI Lab: Marketing Multiplier

Door4, Burnley Wharf, Manchester Road, Burnley, BB11 1JG

09:00 - 11:30

Clubhouse Business Network sponsored by Orca Finance - July 2026
padel-networkpng.png.png
LBV Hub Networking
09 Jul 2026 - 09 Jul 2026

Clubhouse Business Network sponsored by Orca Finance - July 2026

Clubhouse, Blackburn, BB1 3NT

14:00 - 16:00

Society1 Breakfast Social and Coworking Day
LBV Hub Networking
09 Jul 2026

Society1 Breakfast Social and Coworking Day

Society1, Coworking Space, Preston, PR1 3LT

09:00 - 17:00

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV124 Online Graphic
Subscribe now

Weekly news bulletin