Friday, May 06, 2005
IDC downgrades 2005 global IT spending growth forecasts | InfoWorld | News | 2005-05-04 | By Dan Nystedt, IDG News Service:
"Worsening economic conditions in Western Europe, Japan lead to lowering of spending forecast
International Data Corp. lowered its growth forecast for global information technology spending this year, due mainly to weakness in Europe and Japan, the market researcher said Wednesday.
IT spending in Europe is now expected to grow by only 4.4 percent this year, compared to a previous estimate of 5.8 percent, said Juan Orozco, research manager for worldwide IT markets at IDC, in a telephone interview. Worsening economic conditions in Western Europe caused some large firms to hold back on major IT purchases in the first quarter, IDC noted.
Spending growth in Japan will likely reach just 1.2 percent this year, IDC said, down from 3.2 percent previously, due mainly to weakness in spending on hardware like personal computers and servers. U.S. IT spending growth was revised down slightly to 5.5 percent this year from 6 percent, according to IDC..."
"Worsening economic conditions in Western Europe, Japan lead to lowering of spending forecast
International Data Corp. lowered its growth forecast for global information technology spending this year, due mainly to weakness in Europe and Japan, the market researcher said Wednesday.
IT spending in Europe is now expected to grow by only 4.4 percent this year, compared to a previous estimate of 5.8 percent, said Juan Orozco, research manager for worldwide IT markets at IDC, in a telephone interview. Worsening economic conditions in Western Europe caused some large firms to hold back on major IT purchases in the first quarter, IDC noted.
Spending growth in Japan will likely reach just 1.2 percent this year, IDC said, down from 3.2 percent previously, due mainly to weakness in spending on hardware like personal computers and servers. U.S. IT spending growth was revised down slightly to 5.5 percent this year from 6 percent, according to IDC..."
Comments:
Post a Comment
