IT spending is still expected to rise this year over 2009, but Gartner believes that European debt problems may put a damper on its previous expectations for growth.
The market researcher said Thursday it has trimmed its estimate for IT spending for 2010 to $3.35 trillion, a gain of 3.9 percent over last year's $3.23 trillion. That marks a lower forecast than the 5.3 percent rise Gartner projected in the first quarter. The company attributed the new outlook to the effects of the devaluation of the euro versus the U.S. dollar.
"The European … Read more