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Gartner: IT Spending (Mini) Rebound

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The Gartner Group issued guidance on IT spending as it heads into the Gartner Symposium/ITxpo in Orlando.

The bad news: The IT industry is exiting its worst year ever, with worldwide IT spending expected to decline 5.2 percent this year.

The good news: Gartner is projecting a 3.3 percent increase in IT spending in 2010, with a total forecast of $3.3 trillion.

Diving into the details a bit, the hardware market has struggled most, with a 16.5 percent decline, and with spending expected to be flat in 2010.

Worldwide IT services spending is expected to grow 4.5 percent, and worldwide software spending is expected to grow 4.8 percent.

But what’s more interesting to me were the suggested additional topics, which included more focus on business intelligence, virtualization, and, surprise surprise, social media.

Social media on the IT leaders’ agenda?  Yep.  Gartner says that organizations are starting to “scale their efforts in this space.”

Does that mean it will soon evolve into the anti-social media?

Written by turbotodd

October 20, 2009 at 1:42 pm

Posted in economy, it spending

Tagged with , ,

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