Managed IT support spending 'set for increase'
News Article - Monday, August 18, 2008 13:07
Filed under: IT Support & Maintenance
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Global spending on managed IT support services will exceed $3.4 trillion (£1.8 trillion) this year, it has been claimed.
Research carried out by IT analyst Gartner indicates worldwide IT spending will increase by 4.5 per cent and much of the overall growth will be stimulated by the decline in strength of the dollar.
Jim Tully, vice president and distinguished analyst at the company, said the US-led economic downturn shows no sign of causing a recession in IT expenditure.
"In subsequent years we will see reduced growth, but the fundamentals remain strong," he added.
"Emerging regions, replacement of obsolete systems and some technology shifts are driving growth."
Mr Tully went on to say companies are increasingly switching from company-owned hardware and software assets to per-use service-based models.
Last week, studies carried out by market analyst IDC found worldwide PC sales grew 3.1 per cent quarter over quarter and 16.1 per cent year over year in the second quarter of 2008, despite the uncertain economic climate.
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