Switchfast Blog - The Future of IT
IT Spending to Increase in 2010
Tuesday, January 26, 2010 by Michael Holley
According to several research firms, such as Forrester and CompTIA, IT spending is expected to rebound
over the course of 2010.
Although exact figures vary from source to source, most
estimates predict U.S. spending to rise about 6%, and global
spending to rise about 8%. The increases won't likely get us to
pre-recession levels, but they will put us well on our way.
Despite all the positive news, Microsoft chairman Bill Gates
warns that we are still far from getting out of the economic
"hole."
"Although the acute financial crisis is over, the economy is
still weak, and the world will spend a lot of years undoing the
damage, which includes lingering unemployment and huge government
deficits and debts at record levels," said Gates. You can read a
more in-depth analysis of Gates' comments here.
Despite Gates' macroeconomic warnings, it's becoming clear that
the worst seems to be over. As companies begin investing in
technology again, the economic cycle is strengthened.
Best,
Michael Holley
Switchfast Technologies
Chicago IT Consulting
& Support
Rochester
IT Consulting & Support
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