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Analysts Project 4.6 Percent IT Spending Growth in 2010

Friday, March 5th, 2010

In one of its latest reports Gartner, the world’s leading IT research and advisory company, stated about the growth in worldwide IT spending in 2010 which is expected to reach $3.4 trillion by the end of this year - a 4.6% increase from 2009.

The projected growth reveals the significant improvement from the previous year (4.6% decline in 2009) and is expected across all major segments – computer hardware, IT services, software, telecom, and telecom services.

Worldwide IT spending forecast (shown for Software & IT Services):

	2009 Spending bln USD	Growth, %	2010 Spending bln USD	Growth, %
Software	220.7	- 2.1	231.5	4.9
IT Services	780.9	- 3.5	824.2	5.6

Source: Gartner (January 2010)

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Tags: computer hardware, gartner, Industry news, IT services, IT spending, software, Software development, Software outsourcing, telecom
Posted in IT services, Industry news, Outsourcing, Software development, Software outsourcing | 1 Comment »

Top 10 Strategic Technologies in 2010

Friday, January 22nd, 2010

In one of the latest reports Gartner, the world’s leading IT research and advisory company, revealed its list of top 10 strategic technologies for 2010. The company defined a strategic technology as one which has the potential for significant impact on a business entity in the next 3 years. Factors responsible for such impact include the need for a substantial investment, high potential for disruption to IT, or the risk of late adoption.

These technologies are viewed as strategic because of having enough maturity for entering broad market and providing strategic advantage if adopted early. They also influence the organization’s long-term plans and initiatives.

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Tags: advanced analytics, Cloud computing, data center, flash memory, gartner, green computing, Industry news, information technology, mobile applications, social computing, technology, virtualization
Posted in Cloud computing, IT services, Industry news | 3 Comments »

Gartner: 22 Percent Growth in Global SaaS Earnings in 2009

Monday, October 26th, 2009

The latest forecasts of Gartner, the world’s leading information technology market research and advisory company, show that the market for software-as-a-service (SaaS) is expected to reach $8 billion in 2009, which is a 22% increase from 2008 revenue of $6.6 billion. Besides, the market will be consistently growing through 2013 with the worldwide SaaS revenue reaching the figure of $16 billion for the enterprise application market.

“The adoption of SaaS continues to grow and evolve within the enterprise application markets as tighter capital budgets in the current economic environment demand leaner alternatives, popularity increases, and interest for platform as a service and cloud computing grows,” said Gartner representatives.

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Tags: cloud, CRM, customer relationship management, digital content creation, enterprise resource planning, ERP, gartner, human capital management, Industry news, SaaS, softheme, software-as-a-service, supply chain management
Posted in CRM, Cloud computing, Industry news, Outsourcing, SaaS, Web development | No Comments »

Worldwide IT Spending to Reach $1.5 Trillion in 2010

Monday, September 28th, 2009

According to one of the latest reports of IDC, the information technology market research firm, the global IT services spending by companies is expected to increase at a compound annual growth rate of 5.8% and will reach $587 billion at the end of the decade. At the same time, companies are projected to increase worldwide spending on information technologies at a compound annual growth rate of 6.3% with the spending to reach $1.5 trillion in 2010.

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Tags: global IT spending, hardware spending, Industry news, information technology, IT services, IT spending, software spending, worldwide IT spending
Posted in IT services, Industry news, Outsourcing, Software development | No Comments »

Outsourcing Market Results for Q3, 2009

Tuesday, September 22nd, 2009

As the 3rd quarter of 2009 comes to an end, it is a good time to sum up the quarterly results of the outsourcing market of such a difficult year for all segments of business.

The global economy is gradually recovering from a downturn and the first good signs of it have appeared. The banks have started seeing profits again and international companies stopped reporting losses. However, on the other side more and more SME’s have been marked by unstable performance and reduced customer base.

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