Thursday, April 5, 2012

IT Spending This Year? Almost Four Trillion Dollars

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The growth rate in global spending on information technology is slowing down a bit, but, well, it’s still growing, and will total $3.7 trillion, according to the latest forecast on the topic by the tech research house Gartner.

It’s not so much about any shifts in sentiment or intention for spending among large companies, it’s just that the dollar is currently strong against other currencies, so U.S.-domiciled companies are in a weaker position when selling to customers in other countries. When accounting for that discrepancy, Gartner says it expects overall growth in spending of 2.5 percent, but on a constant currency basis, the digits would be transposed for a healthier 5.2 percent.

Posted via email from Inspiration

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