30 Nov Goldman Sachs sees IT spending recovery
Wall Street investment banking firm Goldman Sachs has taken a survey of the IT industry,and predicts that a spending recovery should be in the works for 2010. Goldman said its survey of IT professionals shows spending will stop contracting and return to normal levels seen before the recession. But much depends on the broader economic and business environment, and the pace of the recovery, Goldman said.
The report predicted that the biggest areas of spending will be on infrastructure, application development, and systems integration. This means a continued push for technologies such as virtualization and cloud computing.
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