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IDC: IT spending will go up 6-8%

Senior Vice President Frank Gens said IT spending will grow 6% to 8%, up from previous predictions of 4.9%.

Written by ZDNET Editors, Contributor Dec. 4, 2003 at 7:53 a.m. PT

Senior Vice President Frank Gens said IT spending will grow 6% to 8%, up from previous predictions of 4.9%. Gens said enterprise adoption of business-oriented applications and the need to upgrade hardware after a three-year drought will drive the upturn in IT buying.

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IDC: IT spending will go up 6-8%

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