Worldwide IT spending should top $3.4 trillion in 2008, up 8% from 2007, research firm Gartner is predicting, says CNet.
But much of that growth is due to the decline in the US dollar. When adjusted for currency issues, worldwide spending is predicted to grow only 4.5%.
"Software-as-a-service, cloud computing, service-oriented architecture (SOA), Web 2.0, and open source software are causing huge changes to the software market," wrote Joanne Correia, managing VP at Gartner, in a research note.
|
