| Posted - 07/09/2012 : 3:19:58 PM
| Global spending on IT may grow faster than forecast — at a 3 percent pace to $3.6 trillion this year — the research firm Gartner said on Monday, with spending on public cloud services expected to increase from $91 billion last year to $109 billion this year.|
Gartner said, and Bloomberg reports in "Gartner Raises IT Spending Growth Projection On Cloud Services", that telecom services, especially in emerging economies, will continue to be the largest IT market, growing 1.4 percent to $1.7 trillion. But the cloud is also seeming racking up some related business: "IT services spending may increase 2.3 percent to $864 billion this year, buoyed by demand for consulting services because of the 'complexity of environments' for businesses and rising demand for analytics, Gartner said."
Full story @ Wired News