Monday, January 13, 2014

Forrester predicts modest growth in IT spending this year

Forrester predicts modest growth in IT spending this year
Economic pressures will continue to weigh on IT in 2014, with growth rates expected to come in below averages from the past two decades, according to analysts, who expect stronger recovery in 2015. Forrester Research predicts global spending on IT to increase 6.2% this year, fueled largely by the U.S., with software and outsourcing seeing the strongest gains. "Beyond 2014, we are expecting a strengthening global economy in 2015 will propel global tech market growth higher across the board, but with software growing at double-digit growth rates for the first time in many years," Forrester's Andrew Bartels wrote in a blog post