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· Absolute Shockers · TECHNOLOGY

Worldwide IT Spending Will Increase 11.5 Percent In 2011

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"Despite the worsening global economic environment, IT spending in the United States and around the world will continue to be relatively strong through the end of 2011, while slowing although still growing next year, according to analysts at Forrester Research.

With a better idea of the direction of those and other issues, Forrester analysts said Sept. 20 that worldwide IT spending will increase 11.5 percent in 2011. While it will slow in 2012, there still will be 5.5 percent grow, they said."

Statistics Source: CIO Insight

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