Gartner: Global IT spending to hit $3.7 trillion in '13
IT spending around the world is likely to hit $3.7 trillion for the coming year, according to a report out today from Gartner.
The latest projection calls for an increase in spending of 4.2 percent in 2013, an improvement over Gartner's 3.8 percent estimate from last year's third quarter.
But the rise will mostly derive from growth in the value of foreign currencies versus the dollar, the research firm said. With that piece out of the picture, the actual gain would be around 3.9 percent.
"Uncertainties surrounding prospects for an upturn in global … Read more