New 2013 IT Spending Forecast Shows Slight Jump

By Don Reisinger  |  Posted 07-29-2013 Print

Nothing can stop the IT industry. At least that's what a recent IT spending study from research firm Gartner indicates. The company noted in a recent statement that IT spending will increase once again this year. However, the growth in spending won't be as strong as originally believed, due mainly to a drop in telecom spending and devices, and the realization that the average IT budget has shifted dramatically with the adoption of tablets. Still, 2014 looks to be a better year for the IT sector. Spending is slated to increase significantly next year as some sectors that experienced a little sluggishness this year, such as devices and telecom services, will see a bit of a resurgence. But whether that spending in devices will be due to increased PC adoption or a greater investment in tablets remains to be seen.


But Things Aren't As Rosy As They Could Be  Despite the growth, the IT sector shouldn't be all that pleased. Gartner anticipated worldwide IT spending to be up 4.1% in 2013, not 2%.

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