Global IT spending will grow modestly this year and WiFi will be a rare bright spot for the telecom industry, accor...
January 6, 2003
Global IT spending will grow modestly this year and WiFi will be a rare bright spot for the telecom industry, according to the Aberdeen Group’s 2003 IT Outlook.
The Boston, Mass. consulting firm is predicting an overall IT growth rate of four to five per cent annually through 2006. "We simply do not see the compelling reasons for user organizations to spend heavily on technology whether on new hardware or software or on upgrades to existing technology that had existed during the years of hyper growth," it said.
"Moreover, IT spending at 3.5-4.25 per cent of a developed nation’s economy can no longer outstrip the growth rate of the economy itself over the long term."
In terms of WiFi, Abderdeen sees three distinct markets: WiFi to enterprises; to and in residences; and in public hot spots such as airports.
The globalization of outsourcing will be another important trend this year since "more an more corporations are realizing significant cost savings by outsourcing their IT infrastructure and application lifecycle functions," Aberdeen said.