The global IT industry's spending will sink by 6.8 per cent to $2.28 trillion this year compared with 2008 according to analyst firm Gartner.
But it's not all bad news. Researchers at Gartner pred...
The global IT industry's spending will sink by 6.8 per cent to $2.28 trillion this year compared with 2008 according to analyst firm Gartner.
But it's not all bad news. Researchers at Gartner predict an IT spending growth of 2.3 per cent next year.
The spending varies by vertical industry. Financial services will lead all industry markets for IT spending in 2009 with a total of $502.6 billion.
The agriculture, mining and construction markets will see the steepest decline in IT spending this year at a 9.2 per cent drop from last year.
Gartner's research director, Kenneth Brant, says vendors should develop financial models for "project justification" and sales training on selling to the financial buyers and business bosses.
Like to rate videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Like to share videos with friends?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
This video has been removed from your Favorites. (Undo)
Like to Favorite videos and let people know what you think?
Automatically share your ratings, favorites, and more on Facebook, Twitter, and Google Reader with YouTube Autoshare.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.
Autoshare makes certain YouTube activities public on the services you choose. Select only the services you are comfortable with - like Facebook, Twitter, or Google Reader - to let your friends know what you like on YouTube. You can turn Autoshare off at any time.