Gartner Cuts IT Spending Forecast for 2015 on Dollar Strength
2015-06-30 07:00:00.4 GMT
By Kasper Viita
(Bloomberg) -- Worldwide IT spending will decline 5.5% this
year vs 1.3% drop seen in April, Gartner says in e-mailed
statement.
* Spending to reach $3.5t, mkt seen growing 2.5% in constant-
currency terms vs 3.1% seen previously
* Decline “is not a market crash,” yet rising USD means
vendors have to raise prices to protect margins
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To contact the reporter on this story:
Kasper Viita in London at +44-203-525-9219 or
kviita1@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net
2015-06-30 07:00:00.4 GMT
By Kasper Viita
(Bloomberg) -- Worldwide IT spending will decline 5.5% this
year vs 1.3% drop seen in April, Gartner says in e-mailed
statement.
* Spending to reach $3.5t, mkt seen growing 2.5% in constant-
currency terms vs 3.1% seen previously
* Decline “is not a market crash,” yet rising USD means
vendors have to raise prices to protect margins
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Kasper Viita in London at +44-203-525-9219 or
kviita1@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-3525-2645 or
jludden@bloomberg.net