Fewer Will Cut 2002 IT Budgets

May 2002
Financial Executive;May2002, Vol. 18 Issue 3, p10
Academic Journal
The article reports on a survey which was conducted by Gartner Inc. and SoundView Technology Group Inc. and focused on companies' planned spending on information technology (IT) in 2002. The survey indicates that a majority of companies polled will increase their IT spending. SoundView Technology chief technology strategist Arnie Berman comments on a shift in corporate perspectives concerning IT spending. Data shows the expected percentage of change in IT spending for several industries such as petroleum, mining, and energy, agribusiness, fishing and forestry, business services, media and entertainment, and durable goods manufacturing.


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