IDC says tech spending will grow by 6% this year, the same rate as 2012
Sequester, fiscal cliff and ongoing problems in Europe seen keeping growth rate flat
Computerworld - IDC is predicting a growth rate of 6% in IT spending in the U.S. this year, an amount that's virtually unchanged from last year.
The market research firm blamed a number of economic uncertainties for this flat spending increase, including the the fiscal cliff, the potential for a GDP contraction and the ongoing problems in Europe.
The growth rate might be "slightly higher" if not for the sequester, but the IDC doesn't say how much higher because of other uncertainties, according to Natasha Menon, an analyst in IDC's Global Technology and Industry Research Organization.
The sequester, a series of automatic spending cuts to the federal budget, is cutting federal spending this year by $85 billion.
IDC projects that total IT spending on hardware, software and services will reach $474 billion this year.
Forrester Research is cutting its growth estimate for the year by 1% because of the sequester. What had been originally a projected 7.5% increase will now be in the range of 6.5%, the research firm said Friday.
IT spending is expected to be the strongest in Arizona, North Dakota, Utah and Texas, with rates at more than 7%, said IDC.
The growth in those states is being driven by a high percentage of healthcare, manufacturing, and professional services businesses in those states.
- How a private Dell works with customers, and sees its rivals
- Update: SanDisk agrees to pay $1.1 billion flash storage maker Fusion-io
- CompTIA now offers its research without charge
- Microsoft's new CEO and his first-100-days plan
- Personal history may thrust new Microsoft CEO into visa debate
- As Dell cuts, Apple adds jobs in Austin
- Dell cuts 'small percentage' of workforce
- Lenovo's Motorola, IBM server buys will likely get strict U.S. security review
- Welcome to the era of radical innovation
- China passes Japan to become world's 2nd largest IT market
Read more about IT Industry in Computerworld's IT Industry Topic Center.
- Case Study: Intuit Turns to Self-Service IT Intuit empowered its users to resolve their own IT issues with a consumer-like experience to free IT to focus on more strategic initiatives....
- Bridging the Gap Between Business and IT There's a growing gap between business users and IT services. Differences between what users want and what IT can provide are driving a...
- Lighting Up Dark Data Only a quarter of stored data has clear business value-and given the costs and complexity of today's storage environments, that's an alarming statistic....
- An Insightful Approach to Optimizing Mainframe MLC Spend This paper discusses how you can penetrate the complexity of IBM mainframe MLC products and the MLC price model to gain insight into...
- IBM Global SaaS Study Video This video introduces the IBM Global SaaS study conducted by the Center for Applied Insights. The study reveals how companies are using Software...
- Increase Your Data Center IQ Discover how to improve network efficiency, lower IT costs and more proactively manage your physical, virtual and cloud environments. All Data Center White Papers | Webcasts
Our new bimonthly Internet of Things newsletter helps you keep pace with the rapidly evolving technologies, trends and developments related to the IoT. Subscribe now and stay up to date!