Executive Briefings

Spending on IT Will Increase by Almost 7 Percent, According to Forrester

Amid signs that the economy is crawling back to health, IT strategies are shifting from the cost-cutting mode of the past two years to an orientation toward innovation, according to recent Forrester Research analysis.

Forrester predicts that IT spending will rise 6.6 percent during 2010, compared with a drop of 8.8 percent in 2009. A healthy chunk of that increased spending will be targeted toward the new technologies business users are clamoring for, and IT sourcing professionals will be asked to analyze the risks and benefits.

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Amid signs that the economy is crawling back to health, IT strategies are shifting from the cost-cutting mode of the past two years to an orientation toward innovation, according to recent Forrester Research analysis.

Forrester predicts that IT spending will rise 6.6 percent during 2010, compared with a drop of 8.8 percent in 2009. A healthy chunk of that increased spending will be targeted toward the new technologies business users are clamoring for, and IT sourcing professionals will be asked to analyze the risks and benefits.

Read Full Article