Industry Vertical Market IT Spending Will Contract By 6.8 Per Cent In 2009

December 2009
Database & Network Journal;Dec2009, Vol. 39 Issue 6, p23
The article reports on the projected 6.8% decline in the information technology (IT) spending of industry vertical market in 2009. It states that this is relative to Gartner Inc.'s forecasts that the international industry vertical market will have a total 2.28 trillion dollars for its IT spending in 2009. Moreover, Gartner viewed that positive growth in IT spending depends on the performance of industry sectors including financial services, manufacturing, and government.


Related Articles

  • IT Spending to Grow as Economic Outlook Improves in 2012: Gartner.  // CIO Insight;4/5/2012, p1 

    The article reports on the results of the study by analyst firm Gartner Inc. which found that information technology spending worldwide in 2012 is improving despite the decrease in the expected growth. It states that spending is projected to increase by 2.5 percent, which is 3.7 percent lower...

  • Big Data to Drive IT Spending, Create Jobs.  // Dataquest;11/15/2012, Vol. 30 Issue 21, p93 

    The article reports on a research by information technology (IT) research and advisory firm Gartner Inc. which reveals that big data will be driving IT spending and create jobs in India.

  • Post-Olympic slump to affect IT budgets. Jura, Adam // Manufacturers' Monthly;Dec2008, p32 

    The article discusses the impact of declining economy on the information technology budgets by the manufacturers, and forecasts the performance of manufacturing industry in China. According to Datamonitor, the industry will continue to slow as the business outlook within the manufacturing...

  • Gartner: Worldwide IT spending to decline 5.5% in 2015.  // Reseller Middle East;7/21/2015, p1 

    An industry report of the Information Technology industry published by the U.S. information technology research firm Gartner is presented stating the forecast of decline in the worldwide IT spending rates in 2015 and the spending and growth rates of the five IT sectors for 2014 and 2015.

  • Demand in Verticals on the Rise. Alleven, Monica // Wireless Week;9/15/2006, Vol. 12 Issue 19, p34 

    The article focuses on an increasing demand for wireless solutions in vertical market segments. The business use of wireless data is expected to grow into a market worth more than $22 billion in North America, Western Europe and Asia/Pacific. According to Rick Koch, vice president of marketing...

  • TECH SPEND TAKES OVER. Satov, Tamar // CA Magazine;Jan/Feb2013, Vol. 146 Issue 1, p8 

    The article reports on a Gartner Inc. research which shows that every budget in a company becomes a budget in the information technology (IT) as they move their business processes from analog to digital technology.

  • IT budgets to jump 2%, still not enough, says Gartner. Thibodeau, Patrick // Asia Cloud Forum;10/7/2015, p1 

    The article reports on the survey of about 3,000 chief information officers (CIOs) by research company, Gartner Inc., which provides information on the expected growth of global information technology (IT) budgets in 2016.

  • Illinois Lining Up Firms to Work With Soon-to-Be-Born Finance Authority. Shields, Yvette // Bond Buyer;9/25/2003, Vol. 345 Issue 31727, p6 

    Reports on the submission of proposals by the legal, financial advisory and underwriting firms to the Office of Management and Budget to work with the Illinois Finance Authority. Launch of the selection process for underwriters and financial advisers; Increase of revenue; Expansion of business...

  • Regulators' role seen crucial as world's economies entwine. Seiberg, Jaret // American Banker;9/19/1996, Vol. 161 Issue 180, p2 

    Reports on the pressure on financial regulators to avoid policy errors that could be detrimental to the financial services industry. Federal Reserve Board's proposal to raise the limit on commercial underwriting for banking company affiliates; Issue of the growing gap between the rich and poor.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics