Tech Spending Set to Rebound in 2010
%%DynaPub-Enhancement class="enhancement contentType-HTML Content fragmentId-1 payloadId-61603 alignment-right size-small"%% Specifically, U.S. IT spending will grow 6.6% in 2010 to $568 billion, after declining by 8.2% in 2009. Global IT spending will perform even better, rising 8.1% in 2010 to $1.6 trillion, after dropping 8.9% last year.
Forrester predicts that hardware and software will "lead the charge," as companies and governments move to upgrade their systems after holding off through the last 18 months, during which the U.S. experienced the worst economic downturn in generations and capital investment took a serious hit. Many companies and municipalities struggled merely to stay afloat -- let alone consider new spending.
That will change in 2010, according to Forrester, which predicts that measured in U.S. dollars, global purchases of computer equipment will rise by 8.2%, communications equipment buying will rise by 7.6%, software spending will rise by 9.7%, purchases of IT consulting and systems integration services will rise by 6.8 percent, and IT outsourcing services will rise by 7.1%.
Bartels said that 2010 marks the beginning of the "next phase of technology advancement," centered around something Forrester Research calls "smart computing."
"New technologies of awareness married to advanced business intelligence analytics make computing smart," explained Bartels. "Smart computing rests on new foundation technologies such as service-oriented architecture, server and storage virtualization, cloud computing, and unified communications."