Green IT Service Forecast - $4.8 Bil in 2013

Found this eweek article on the growth of Green IT.

Green IT and Green Computing

Green IT Service Market to Grow to $4.8 Billion in 2013: Forrester


Share This Article
Article Rating:starstarstarstarstar / 0By: Jeffrey Burt
2009-05-02
There are 1 user comments on this Green IT and Green Computing story.

Driven by corporate desires to save money and improve efficiencies, Forrester Research is predicting the green IT services market will grow 60 percent per year into 2013, when it will peak at $4.8 billion before leveling off. More enterprises are investigating hiring IT services firms to help plan and implement green IT initiatives, and while the global recession is putting a squeeze on IT spending, it also is persuading corporations to optimize their existing IT assets rather than buy new ones, and is fueling the federal government’s drive to fund green projects.

The market for green IT services, fueled by the push by businesses to save money and improve efficiencies, could grow by as much as 60 percent a year over the next four years, according to a report from Forrester Research.

Christopher Mines from Forrester is the source for the article.

“In the context of a $500 billion global market for IT services in 2008, the $5 billion market for green IT services [in 2013] may look like small potatoes to vendor strategists,” Mines said in the report. “However, we expect that the visibility and strategic importance of green IT projects will put them near the top of many corporations’ consulting agendas.”

Essentially, enterprises are going green and want to find vendors that can help them, from data center giants such as Cisco Systems, Dell, Hewlett-Packard, IBM and Sun Microsystems to service providers such as Accenture, Capgemini, Deloitte and Infosys.

Note the last paragraph and the list of companies with green data center practices.