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Gartner: Enterprise IT spending to hit $2.5 trillion next year
Submited by daniela.manolescu,
on 2010-10-19,
in Studies & Benchmarks
(Network World) Worldwide enterprise IT spending will rise from $2.38 trillion this year to $2.46 trillion in 2011, a 3.1% increase, the research firm Gartner said Monday.
"Over the next five years, enterprise IT spending will represent a period of timid and at times lackluster growth with spending totaling $2.8 trillion in 2014," Gartner said. Enterprise IT spending in 2009 was $2.33 trillion. IT budgets in several industries will not match pre-recession levels for several years. Enterprise IT spending as defined by Gartner is a subset of total global IT spending. IT spending as a whole is expected to rise from $3.33 billion in 2010 to $3.45 billion in 2011, a Gartner spokesperson said in an e-mail to Network World. While Gartner's report Monday doesn't show massive growth, things are looking much better than last year. One year ago, Gartner called 2009 the "worst year ever" for IT spending, after a decline of 5.2%. Leave a comment
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