IDC Forecasts U.S. IT Spending Growth Will Outpace Economic Growth by More Than 2.6% in 2011

June 27, 2011 No Comments

SOURCE:  IDC

FRAMINGHAM, Mass., June 27, 2011 – International Data Corporation (IDC) today announced the availability of new data from its annual IT spending survey that forecasts total U.S. enterprise and public sector IT spending to grow at 5.6% through the end of 2011. In comparison, U.S. GDP (Gross Domestic Product) is forecast to grow 3.0% in 2011. Survey respondents indicated the top IT initiatives for 2011 at large enterprises are Security (selected by 31% of companies) and Business Analytics (selected by 19% of companies). In addition, 17% of companies expect to make investments in Smart Technologies.

The vertical markets with the highest expected growth rates are healthcare, professional services, and communications & media.

IDC analysts will provide further insight into this unique, industry-leading research in a one-hour, complimentary Web conference, scheduled for June 29, 2011 at 1:00 p.m., U.S. Eastern time: The Web conference, 2011 U.S. IT Spending Outlook by Vertical: Latest Trends and Key Priorities, will focus on revealing select IT budget allocations and key technology spending priorities for calendar years 2011 and 2012. To register for this Web conference, please go to: http://bit.ly/VMRG2011Survey.

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