Global IT spending forecast to reach $5.0T this year
Comms services and AI contributing to increase, but vendors are taking 'risks'
Networks
17 Apr 2024 | 3
Strong dollar blamed for expected tech spend fall across all verticals
IT spending across every major vertical industry is set to shrink in 2015 and it’s largely down to the relatively robust US dollar. The weaker outlook from the beanies at Gartner has buyers splashing $2.699trn on tech this year, and if correct that will be a 3.5 per cent decline on 2014. “Appreciation of the US dollar, along …
Biting the hand that feeds IT
