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GARTNER CUTS SPENDING OUTLOOK
Gartner has cut its forecast for worldwide IT spending this year, citing the impact of the problems in eurozone countries and a falloff in hard drive production. The former problem is well known while the latter stems from floods which have hampered hard drive production in Thailand. The hard drive issue has caused Gartner to lower its estimate of PC shipments.
Overall, Gartner has lowered its estimate for spending to a 3.7-percent increase over the 2011 level, down from its prior projection of growth of 4.6 percent. The research house said the four major technology sectors, computing hardware, enterprise software, IT services and telecommunication equipment and services, will all have slower growth than originally expected. In dollars, the forecast is for $3.8 trillion in IT spending. Last year's level was $3.7 trillion, a 6.9-percent increase from 2010. The strongest growth is expected in telecom equipment for which spending is expected to rise by 6.9 percent. That is followed in order by enterprise software, up 6.4 percent; computing hardware, 5.1 percent; IT services, 3.1 percent; and telecom services, 2.3 percent.
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