by: Sarah Joson
Thursday, September 13, 2012 | Outsourcing News |
IDC analysts and Forrester’s Bartels may disagree on certain aspects, but both sides agree that global economic uncertainties and better-than-expected strength of the US dollar against other major currencies are hampering the growth of IT spending.
In a recent blog entry, Bartels wrote that the 2012 forecasts for the IT market remain glum and that a 3-4 percent growth is mediocre. Also, global economic growth needs to improve before any strong activity in tech markets can be seen. Forrester said last January that business and government IT spending would increase 5.4 percent in US dollars.
Bartels noted that other emerging market regions such as India and China are also experiencing a slowdown in economic growth.
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