Global IT Spending Barely Ahead of 2008; Some Regions Showing Strength
March 9, 2009 Dan Burger
The supply of data keeps piling up. The demand for getting a better handle on that data keeps growing. But the money to convert those mountains of information into a better business strategy is being pulled back. Some organizations may be spending now to be in better shape when the economy starts to warm, but apparently many are keeping their hands in their pockets, particularly in the United States and Western Europe, spending only what they absolutely have to. IDC, in its most recent forecast, trimmed its worldwide IT spending estimate for 2009 to just 0.5 percent growth compared |