IT Spending Seen Down On U.S. Dollar, Cloud Impact

By | April 9, 2015

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Global spending on information technology will shrink 1.3% in 2015 as the strong U.S. dollar and emerging cloud computing affect business spending, says market research firm Gartner in a new forecast. IT spending will fall to $3.66 trillion this year, forecasts Gartner, which earlier forecast a 2.4% rise in 2015 IT spending. “The recent rapid rise in the value of the U.S. dollar against most currencies has put a currency shock into the global IT Scalper1 News

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