2006 IT budgets to grow 10-15%

Gartner expects an increase of between 10% and 15% in IT budgets in 2006, up from about 5% in 2004. Companies are diverting large amounts of discretionary resources to support compliance with the US Sarbanes-Oxley Act (SOX) and similar regulatory measures in other countries.

Gartner expects an increase of between 10% and 15% in IT budgets in 2006, up from about 5% in 2004. Companies are diverting large amounts of discretionary resources to support compliance with the US Sarbanes-Oxley Act (SOX) and similar regulatory measures in other countries.