Gartner lowers its IT spending forecast, but says activity remains high
Worldwide IT spending is expected to decline by 5.5 percent this year, with enterprises benefitting from lower prices on communications and IT services but also having to pay higher hardware prices in some parts of the world.Market research company Gartner revised its spending forecast downward on Tuesday: In April, it said IT spending in 2015 would decline 1.3 percent compared to last year.But numbers can sometimes be deceptive; IT activity is stronger than the spending indicates, according to John-David Lovelock, research vice president at Gartner. Price declines in segments like communications and IT services, and the move to cloud-based services, mask an increase in activity, he said.To read this article in full or to leave a comment, please click here