Why you should pay attention to these jokers...
Gartner and their lot aren't exactly the best prognosticators. However, there's one reason to listen to them with half an ear...your CIO is listening with both ears, on the edge of their seats. Gartner is the 21st century equivalent of "no one got fired for buying IBM." If your technology choices are in the Magic Quadrant, you cannot be blamed for any failures of any kind.
I'm high enough in an IT organization to peer over the wall into the executive suite. While it is good that overall IT is being looked at as something other than a cost to minimize, keep in mind that this is only the "relationship" between the board and IT. If a new CIO comes in and promises a 50% savings by offshoring the entire IT department, that relationship will still be in place until something bad happens. The board doesn't care how anything works as long as it does, so I don't see how this translates to anything good for regular staff long-term. Especially when companies are SaaS-ifying and cloudifying everything, I'd think there'd be an even higher distaste for those pesky in-house employees with their salary and benefits and demands for time off.