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IT Spending On The Rise

  • eWeek, Monday, July 9, 2012 11:12 AM

How well connected is the global business community? Not well enough, apparently, as its IT spend is on track to surpass $3.6 trillion this year -- up 3% from the $3.5 trillion it spent on IT in 2011, according to new research from Gartner. In particular, enterprise spending on public cloud services is expected to grow from $91 billion worldwide in 2011 to $109 billion in 2012. Taken one way, the projection is a likely “indication that economic turmoil around the globe is having a limited effect,” eWeek suggests.
 


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