IT Spending Forecast From Gartner

IT spending is expected to increase in 2012. After years of budgets crimped by a bum economy, there is significant pent-up demand at companies around the globe to drop some extra cash for the products and services they’ve been waiting for to drive business forward. But we’ve heard this song before. Gartner was bullish on IT spending last year, saying that it could rise somewhat significantly in 2012, yet in its latest report the research firm acknowledges that its estimates might have been too optimistic. Global spending on IT spending will still be up, the company says, but don’t expect it to rise too quickly.