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IT spending plans are cut after Q1
News In a report released on Tuesday, the research firm predicted that US technology spending will grow just 1.3 percent in 2003, down from the 1.9 percent it forecast in a similar March survey of executives.
[June 4, 2003, 10:47]
Study: IT spending to slow
News Large companies will scale back their IT spending as the new year begins and the economy shows signs of waning, according to a new study. Since August, the robust IT industry has grown weaker due to a slowdown in demand for PCs and other high-tech...
[December 21, 2000, 11:40]
IT spending: What the analysts think
News One of the favourite activities of leading IT analyst firms is to research and prognosticate on IT spending. Aberdeen: Recovery in IT spending Aberdeen also speculates that "long-term IT spending will increase at an annual rate of between 4 and 6...
[October 6, 2003, 15:00]
IT spending still on hold in UK
Blog The forecast expects a fall in overall spending on IT services and software of 1.5 per cent this year, compared with last year, and identifies where organisations are making the deepest cuts. Find out more on which sectors are suffering from the...
[August 12, 2009, 11:51]
IT offshoring spending set to grow
News The report, based on a December survey of 50 US-based chief information officers, also found that spending on offshore IT services represents a small but growing chunk of budgets allocated to IT services.
[January 7, 2005, 8:15]
Spending watchdog attacks Government's record on IT
News If one lesson stands out from the work of the PAC over the years, it is that government departments are masters at spending public money but often far less proficient at ensuring that this translates into better public services.
[February 17, 2006, 13:55]
IT spending outlook 'extremely volatile'
News It notes while hardware spending is expected to post a slight decline of 0.5 percent this year, the software sector is likely to grow 4.5 percent and services 3.7 percent. IDC is anticipating IT spending to grow 4 to 6 percent next year and the...
[April 4, 2003, 14:52]
IT spending: Where does it go from here?
News Technology spending is on the rise--with the general pattern pointing towards increased investment in security, CRM and ecommerce software. Forty-one percent of companies surveyed said they expect spending to increase over the coming year, while 44...
[October 24, 2002, 14:48]
IT spending soars in financial sector
News The finance sector is the UK's top industry sector for IT spending, as it buys the most products and services and also employs the most IT staff. The average finance company is spending £9,864 for every employee on IT, with one IT staffer employed...
[November 6, 2006, 12:59]
IT spending still growing slowly
News According to analysts IDC, the main obstacle to new IT spending is this growing culture of "good-enough" computing, with business leaders deciding that their existing technology can support the business and that new technology is unnecessary.
[April 7, 2005, 17:55]
Public sector IT spending climb to continue
News Government IT spending will grow at an average 5.3 percent until 2009, compared with 4.5 percent growth for the wider IT market. The analyst said software continues to be the fastest-growing area of spending by retailers, followed by IT services.
[August 3, 2005, 16:50]
Forrester Research reduces IT-spending forecast
News Forrester Research's current 2009 estimate, released on Tuesday, is down from its previous forecast of 6.1 percent growth, which was issued prior to the steep drop in IT spending at the close of the third quarter.
[December 10, 2008, 6:30]
OFT to shake up government IT spending
News In what could lead to a wide-ranging shake-up of government purchasing processes, the Office of Fair Trading has launched an economic analysis of government procurement and the affects it has on competition and innovation.
[February 6, 2004, 16:55]
Security tops IT spending in Asia
News Security software and services have drawn investments from more than half of the region's IT managers last year, cementing its position at the helm of regional IT priorities. While security was the hottest item on Asia's IT shopping list last year...
[January 21, 2003, 11:12]
Forrester sees IT spending growth ahead
News A report released on Monday by Forrester Research says business leaders are expecting to increase their IT spending by 7 percent in 2005. Forrester indicated, however, that companies may well increase their IT spending to an even larger extent, as...
[December 21, 2004, 11:40]
Gartner: End users will shape IT spending
News Within two years, the brand and model of the enterprise laptop could be decided by the user, not the IT department. By 2010, end users' preferences will decide as much as half of all IT-buying decisions, including hardware, software and services
[April 11, 2008, 8:31]
Airlines' IT spending drops
News IT and telecoms spending by airlines has fallen in the past year as the pressure to cut costs continues, according to the annual industry survey. Aligning IT spending tightly to strategic business objectives is the only way to ensure that IT...
[July 6, 2004, 10:10]
Analysts torn over IT spending plans
News Researchers predicted IT spending will grow 1.5 percent in 2003 to $372bn (£234bn). The report, US IT Spending Forecast by Vertical Market, 2003-2007, also predicted a compounded growth rate of 4.9 percent over the next five years, with IT spending...
[April 28, 2003, 16:20]
Is Your IT Spending Too Conservative?
White Papers Most corporations have frozen IT spending for 2002 - no big secret there. To take the next leap forward in corporate performance, more pervasive levels of technology are needed, meaning continued IT spending.
[August 30, 2009, 1:23]
Gov't departments hike spending on IT upgrades
News Four Whitehall departments significantly increased their spending on IT upgrades in the 2007-08 financial year. The Department of Health increased spending by 30 percent, from £3.5m to £4.5m, although both figures are lower than its 2006-07 IT...
[November 3, 2008, 8:35]
