06 Apr Gartner and Forrester Now Forecast 2009 Decline in IT Spending
Two technology research firms have confirmed that a deeper-than-expected global recession has, indeed, reached the information technology sector. Both Gartner Inc. and Forrester Research forecasts predict that IT (information technology) spending will be harder hit than it was following the dot-com bust when it fell by 2.1 percent worldwide affecting computer hardware sales the hardest, but touching all technology categories.
A revised report by Gartner Inc. forecasts global spending on IT (information technology) in 2009 will drop 3.8 percent, another downgrade in a string of gloomy predictions by the firm.
Gartner in October 2008 said that IT spending would rise by 2.3 percent this year, and the company said in February that it expected IT spending to increase by 0.5 percent in 2009.
Forrester Research revised its forecast for U.S. business and government purchases of IT goods and services in 2009, too. It now reports a decrease by 3.1 percent this year. Forrester had projected a 1.6 percent annual increase for 2009. In addition, Forrester said to expect all sectors of the tech economy to decline except outsourcing.
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