ROYAL OAK – “The future is unwritten,” as the saying goes – but Red Level Senior Consultant Patrick Dooley has some pretty good ideas of what it is likely to look like in the coming year.

Patrick projects that on aggregate, companies’ IT spending will grow in the coming year as a result of both the appeal of exciting new technologies and increased pressure to modernize for the sake of efficiency and security. A leading driver stands to be the increased appeal of current Cloud-centered solutions, as adoption of Cloud technologies attains a point of critical mass. With versatile, mature, secure, and efficient Cloud-based tools both affordable and readily available, more and more companies are realizing the benefits of shifting some or all of their workloads to the cloud – and their competitors are growing increasingly fearful of being left behind.

Increased awareness of emergent security risks is similarly driving broader adoption of Cloud-based backup and disaster recovery solutions. BaaS and DRaaS are expected to see significant upticks in adoption by virtue of their reliability and convenience compared to self-administered on-premises backup solutions.

Much-vaunted “buzzword” technologies such as Automation, Virtual Reality and Artificial Intelligence have recently moved well past theoretical stages to become mature – and demonstrably valuable – products. These are rapidly demonstrating their value in increasing business efficiency and capability in a large number of business sectors, spurring increased demand – and added spending.

A further driver of IT expenditures is the ever-present threat of obsolescence. Many companies who have only recently recovered from adverse market circumstances in recent years are finding themselves stuck “Driving Miss Daisy” – making do with outmoded, insecure, and inefficient systems and processes. An accelerating economy and the need for increased efficiency is likely to spur many to come off of the sidelines and invest in modernization.

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