An article published in CIO magazine cites studies by Gartner and Forrester Research that spending on IT in 2011 will increase over 2010 by roughly 7%. Citing strong financial results reported by Microsoft, Oracle and IBM, the article discusses a growing confidence that the technology sector has recovered for the lows experienced during the recession. On the software application front, spending on Business analytics and cloud solutions are leading the way. Reade the article at:
http://www.cio.com/article/652713/Wall_Street_Beat_IT_Spending_Forecast_to_Rise_in_2011
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