Security News > 2016 > April > Worldwide IT spending to decline this year (Help Net Security)

Worldwide IT spending is forecast to total $3.49 trillion in 2016, a decline of 0.5 percent over 2015 spending of $3.5 trillion, according to Gartner. This is down from last quarter’s forecast of 0.5 percent growth. The change in the forecast is mainly due to currency fluctuations. “There is an undercurrent of economic uncertainty that is driving organizations to tighten their belts, and IT spending is one of the casualties,” said John-David Lovelock, research vice … More →

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