IT spending to grow 5% in 2005, drive revenue growth

Gartner predicted IT spending would increase about 5% per year through 2005 and take off in 2006. The days of cost cutting and control are not over, but are fading as the main preoccupation of IT and business executives.

Gartner predicted IT spending would increase about 5% per year through 2005 and take off in 2006. The days of cost cutting and control are not over, but are fading as the main preoccupation of IT and business executives. Gartner cited indications of increased IT spending to distinguish his optimistic forecast from wishful thinking.