Gartner: IT spending stable, growth in cloud services

Global spending on IT products and services will rise 3 percent in 2012 to $3.6 trillion, according to figures released Monday by research firm Gartner. The forecast is up from the 2.5 percent growth projection Gartner issued earlier this year. "While the challenges facing global economic growth persist -- the eurozone crisis, weaker U.S. recovery, a slowdown in China -- the outlook has at least stabilized," said Gartner research Vice President Richard Gordon in a statement. However, "continued caution" is advisable for the near future, according to Gordon.

Source: http://www.infoworld.com/d/the-industry-standard/gartner-it-spending-stable-growth-in-cloud-services-197254

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