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Gartner: Global IT spending to grow 3.2 percent in 2014

from The Wall Street Journal

Global IT spending this year will grow by 3.2 percent to total $3.8 trillion — following almost flat growth last year — as companies shift into growth mode amid signs of economic recovery, according to research firm Gartner Inc. In enterprise IT, the uptick only tells part of what's happening behind the scenes. As companies opt for cloud technologies, the need for new hardware investments lessen, resulting in smaller IT spending increases. more


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