"We filled the vacancy the next day"
IT spending recovers in first half of 2010
The level of IT spending recovered well in the first half of 2010, research from the International Data Corporation (IDC) has revealed.
Capital spending on new hardware infrastructure led the revival as the stabilisation of the global economy gave businesses, governments and consumers the confidence to invest in IT once more.
Although the recovery was evident across the board, it was the emerging markets that blazed a trail, with significant investment in countries such as China, India, Brazil and Russia.
In light of this, IDC has raised its forecast for annual it spending this year to $1.51 trillion (£947 billion), representing six per cent growth. Additionally, hardware spending will increase by 11 per cent to $624 billion.
"The first half of 2010 was robust by any standards for the IT industry," said Stephen Minton, vice president of Worldwide IT markets and Strategies at IDC.
Earlier this year, Gartner downwardly revised its forecast for IT spending growth, dropping it to 3.9 per cent.
Posted by Daryl Clare
Capital spending on new hardware infrastructure led the revival as the stabilisation of the global economy gave businesses, governments and consumers the confidence to invest in IT once more.
Although the recovery was evident across the board, it was the emerging markets that blazed a trail, with significant investment in countries such as China, India, Brazil and Russia.
In light of this, IDC has raised its forecast for annual it spending this year to $1.51 trillion (£947 billion), representing six per cent growth. Additionally, hardware spending will increase by 11 per cent to $624 billion.
"The first half of 2010 was robust by any standards for the IT industry," said Stephen Minton, vice president of Worldwide IT markets and Strategies at IDC.
Earlier this year, Gartner downwardly revised its forecast for IT spending growth, dropping it to 3.9 per cent.
Posted by Daryl Clare