March 26, 2007 Timothy Prickett Morgan
Did you ever wonder who is the biggest buyer all of those tens of billions of dollars in servers that IT vendors sell every year? Why, it is exactly who you think can most afford it: the banks, insurance companies, and other financial services firms who play with your money to make their money. These are the same companies that spend the most money on IT in general–and who have historically–so this stands to reason.
According to market statistics compiled by Gartner, the financial services industry accounted for $13.2 billion in server purchases in 2006, up 3.2 percent from