January 12, 2010

IT Spending to Recover This Year, Forrester Says

Lance Whitney

Overall spending forecast to rise 8 percent.

IT spending worldwide will reboot in 2010, rising 8.1 percent after last year’s 8.9 percent freefall, Forrester Research predicts in a report released Tuesday. Businesses and governments are expected to spend $1.6 trillion on information technology throughout 2010, Forrester predicts. In the U.S. alone, IT spending is likely to grow 6.6 percent this year to $568 billion after last year’s drop of 8.2 percent.

Full story at CNET News

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