IT Spending For Q1 2005

First-quarter 2005 data on investment in information technology goods and services by companies and governments was mixed, but the net result reinforces our forecast of 7% growth in US IT spending in 2005. Investment was strongest in computer equipment, fairly solid for software, and soft in communications equipment.

Andrew Bartels

First-quarter 2005 data on investment in information technology goods and services by companies and governments was mixed, but the net result reinforces our forecast of 7% growth in US IT spending in 2005. Investment was strongest in computer equipment, fairly solid for software, and soft in communications equipment. Purchases of IT consulting and outsourcing services showed almost no growth in the first quarter. Outside the US, vendor data indicates an upturn in European IT spending in Q1 2005 but a stalling of growth in Asia Pacific due to a downturn in Japan.

This was last published in January 2006

Read more on IT strategy

All
News
In Depth
Blog Posts
Opinion
Photo Stories
Videos

Start the conversation

Send me notifications when other members comment.

-ADS BY GOOGLE

SearchCIO

Succeed at implementing RPA: Top tips from execs at IBM Think

Implementing RPA requires planning and coordination between multiple parts of the business to be effective. Execs at IBM Think ...
AI bots: How GE is adapting traditional management to AI

To get a handle on its AI strategy, GE is making AI more human: It's creating AI bots and assigning them to managers. Challenges ...
Should your company hire a chief AI officer?

Aramark's newly appointed chief AI officer, along with senior IT leaders from Kohl's, eBay and Square, make the case for an AI ...

SearchSecurity

Google Play security improved by targeting repeat offenders

Google this week attributed security improvements in Google Play to both automated processes and human reviewers. The ...
Astaroth Trojan returns, abuses antivirus software

Cybereason's Nocturnus Research team has discovered a new strain of the Astaroth Trojan that attacks antivirus software to steal ...
Ponemon study: Poor password practices remain rampant

More than two-thirds of employees share passwords with colleagues, research reveals. Experts sound off on what's fueling poor ...

SearchNetworking

Cisco earnings, revenue show strength of product roadmap

Cisco earnings and revenue show customers are putting aside global uncertainties and buying into the company's shift toward a ...
How to improve network latency in 3 steps

High latency can snarl network traffic and disrupt communications, resulting in unhappy end users. Check out these three steps to...
The pros and cons of network slicing in 5G

Although network slicing is useful for certain applications, like IoT and mobile networks, it might not be necessary at this ...

SearchDataCenter

How to prepare your data center for an HCI appliance

Vendors tout hyper-converged infrastructure as a plug-and-play offering, but before you install anything in your data center, be ...
Hone these top 5 data center skills in 2019

As data centers become more software-based, admins should prepare themselves by learning about the cloud, containers, DevOps and ...
Carbon Relay debuts AI-based software for data center cooling

Newcomer Carbon Relay has introduced two products that use artificial intelligence to help IT pros manage data center efficiency.

SearchDataManagement

Originators form group to boost Presto SQL query engine

The Presto engine arose as an alternative to Hive for big data queries. Now, the Presto Software Foundation has formed to promote...
5 best practices for managing real-time data integration

Real-time data integration isn't like traditional data integration -- "it's moving, it's dirty and it's temporal," cautions one ...
Web integration platform eases way to machine learning models

StoryFit data scientists employ machine learning algorithms to gauge film script scenarios' prospects. They use Import.io tools ...

Close