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.


Blame Part of It on Telecoms  Telecom spending has long been a driving force for IT, but cash spent on telecom is expected to reach only $1.7 trillion this year, up a meager 0.9% compared to 2012.

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