All Things D: Market research firm Gartner has cut its 2012 growth projections for the global IT industry from 4.6 percent to 3.7 percent. It now forecasts worldwide annual IT spending of $3.8 trillion, or about $1 billion less than its last prediction. The firm also cut its longer-term growth forecasts, predicting 5 percent average growth per year through 2015.
Gartner said the change was necessary because of the uncertain economy and the ongoing debt crisis in Europe.
Datamation is the leading industry resource for B2B data professionals and technology buyers. Datamation’s focus is on providing insight into the latest trends and innovation in AI, data security, big data, and more, along with in-depth product recommendations and comparisons. More than 1.7M users gain insight and guidance from Datamation every year.
Advertise with TechnologyAdvice on Datamation and our other data and technology-focused platforms.
Property of TechnologyAdvice.
© 2023 TechnologyAdvice. All Rights Reserved
Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.
