Monday, August 4, 2008

IT spending survives

Gartner published a new study this month that predicts "9.5% growth worldwide in U.S. dollars in 2008." This is a revision from their forecast of 6.8% growth which they published earlier this year. They go on to say that some portion of the change is due to the declining dollar (but they don't really explain the relationship), but that most of the growth is coming because firms realize that delaying technical improvements is not a winning strategy.

The author claims that progress is dependent upon IT, and I cannot agree more. If information is the key to better decision making, then the only way to improve the quality of and access to information is to make the underlying systems better.

I encourage you to check out the article at
Gartner: IT spending remains strong

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