Spending on IT to hit $3.6 trillion this year: Gartner
SAN FRANCISCO, July 10 - Industry tracker Gartner on Tuesday said that worldwide spending on information technology (IT) was on pace to hit $3.6 trillion this year despite trouble in the global economy. The revised estimate by Gartner projects that IT spending will be slightly more than previously expected, climbing three percent from the prior year's tally. "While the challenges facing global economic growth persist -- the eurozone crisis, weaker US recovery, a slowdown in China -- the outlook has at least stabilized," said Gartner research vice president Richard Gordon. "There has been little change in either business confidence or consumer sentiment More...