IT
Spending Numbers Up
Good
news! There is
agreement among the pollsters that IT spending is going up.
At
IDC, Research Director John Gantz is predicting about a 5% increase,
worldwide, for 2004.
CIO
Magazine’s March 2004 Tech Poll (a survey of 277 chief information
officers with 40% employed by global corporations) is looking for
tech spending to increase by 7.3%.
This is the third month in a row where this survey has
reported an anticipated increase in spending of over 7%, the first
time in three years this has occurred.
For
every “bear” who expected his spending to go down in the next 12
months, 5.2 optimistic “bulls” are anticipating an increase in
IT spending.
The
highest rated buying segments were security, storage and computer
hardware; e-business application software, infrastructure software
and outsourced IT services were expected to underperform the market
in planned spending, although, even in these categories, improvement
is expected as new employees are hired.
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