- Date: July 8, 2014
- Posted by Litcom Team
- No Comments
- Category: IT Management
Excerpt taken from eweek.com
By Don Reisinger | Posted 2014-07-03The U.S. economy has come through a long period of recession and then a sluggish recovery. But the recent news has been positive, with payroll processor ADP estimating the economy added 281,000 jobs in June, the fifth consecutive month of robust job growth. The IT industry slogged through the Great Recession along with the rest of the economy. But after years of tight corporate IT budgets, research firm Gartner is reporting that global IT spending will rise for the rest of 2014 and into 2015 as the rest of the economy expands and IT vendors introduce the latest products customers care about. In a statement on the topic, Gartner Managing Vice President Richard Gordon said that while “increased competition, lack of product differentiations, and the increased availability of viable alternative solutions” have hurt the IT market in the short term, through 2018, the research firm expects total spending to rebound and grow until it reaches a “new equilibrium.” But not all IT industry sectors will grow robustly. There will be some laggards. In this slide show, eWEEK takes a look at Gartner’s findings and provides details on exactly where enterprise spending will go into 2015.
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