| By Maureen O'Gara | Article Rating: |
|
| November 19, 2012 07:00 AM EST | Reads: |
2,654 |
Gartner sacrificed a bull, yanked out the liver and read the auspices, claiming it means that worldwide enterprise IT spending will grow 2.5% in 2013 to $2.679 trillion after "scant" growth in 2012.
"The global economic outlook has deteriorated in 2012, leading to scant overall growth in enterprise IT spending" according to Gartner research director Kenneth Brant. "However, our third-quarter outlook points to more substantial growth in 2013, if significant fiscal crises are avoided in the US and Europe, and in subsequent years. Most enterprises have already significantly cut discretionary IT spending growth over the past several years and, barring a global economic catastrophe and significant contraction of operations, they have little room to reduce IT spending further over the long run."

Gartner foresees spending in the manufacturing and natural resources sector will be up 2.3%; banking and securities 3.5%; communications, media and services 3%; and both transportation and insurance more than 4% next year.
Government IT spending is expecting to fall 2% this year, with modest declines next year.
Published November 19, 2012 Reads 2,654
Copyright © 2012 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York Speaker Profile: Dave Linthicum – Cloud Technology Partners
- Windows Azure IaaS Reaches General Availability
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- NASA's Twitter Account Wins Back-To-Back Shorty Awards
- Big Data Isn’t About the Database, It’s About the Application
- BEA Updates WebLogic SOA Portal for Web 2.0 Era
- Basho Announces Open Source Riak CS and General Availability of Riak CS Enterprise v1.3
- Cloud Expo New York | Danger Ahead: Why File Sync Is NOT Endpoint Backup
- Charli XCX Sets US Headline Tour; High Profile Dates Celebrate Upcoming Debut Album Featuring the Hit Single, "You're The One" and the YouTube Smash, "You (Ha Ha Ha)"; UK Angel-Pop Sensation Takes Texas by Storm With Series of Spectacular SXSW Showcases;
- Symphony EYC Appoints New Account Manager to Drive Global Opportunities
- Cloud People: A Who's Who of Cloud Computing
- Cloud Expo New York Speaker Profile: Dave Linthicum – Cloud Technology Partners
- Cloud Expo New York Speaker Profile: Jill T. Singer – NRO
- Examining the True Cost of Big Data
- Cloud Expo New York: How to Use Google Apps Script
- Windows Azure IaaS Reaches General Availability
- Upcoming Domino's Pizza Investor Events
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Rackspace Hosting Named “Platinum Plus Sponsor” of Cloud Expo New York
- Enterasys Spotlights SDN's Impact on Traditional Networking in Upcoming Webinar
- NASA's Twitter Account Wins Back-To-Back Shorty Awards
- Small Cancers, Big Data, and a Life Examined
- The Top 150 Players in Cloud Computing
- Who Are The All-Time Heroes of i-Technology?
- Where Are RIA Technologies Headed in 2008?
- Success, Arrogance, Rise and Fall
- AJAX World RIA Conference & Expo Kicks Off in New York City
- Personal Branding Checklist
- The Top 250 Players in the Cloud Computing Ecosystem
- i-Technology Viewpoint: Attack of the Blogs
- Exclusive Q&A with Jeff Haynie, Co-Founder & CEO, Appcelerator
- Web 2.0 News and Wrapping Up "Real-World AJAX" Seminar
- Passing Parameters to Flex That Works
- i-Technology Viewpoint: It's Time to Take the Quotation Marks Off "Web 2.0"






















