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Worldwide
IT leasing and financing market, encompassing leasing or financing IT
equipment, software, and IT-related services, exceeded $70 billion
worldwide in 2006, and will pass the $100 billion mark by 2010, growing at
a compound annual growth rate (CAGR) of more than 8%, according
to IDC.
Continue reading... "IDC: Tech Marketing and Sales Expenses to Increase 8% and 9% in 2007" »
The
Forrester/ITAA Tech Sector Index — which measures the health of the US
technology industry — reached its highest level in five and a half years
in Q4 2006, rising two points to 128.8, according
to Forrester Research, Inc. and the Information Technology Association of
America (ITAA).
Continue reading... "Health of US Tech Sector at Highest Level in Five Years on Global Demand" »
A well-worn adage asserts that information is power.
But too much information in today's economy can create the kind
of power that overwhelms workers, writes
Investor's Business Daily in an
article4 on "Overwhelming IT Overload Problems".
Here are some highlights and metrics on information overload:
Continue reading... "Information is Power; And Too Much Information Overwhelms workers" »
There
is a clear difference between the business executive's expectations of IT
and what CIOs say is important in the near term and where they are
focusing their attention, according to a worldwide survey of more than
1,400 CIOs by Gartner Executive Programs (EXP). Continue reading... "Top 10 Business and Technology Priorities in 2007: Gartner Survey" »
Total
R&D spending in the U.S. will increase 2.85% to $338 billion in 2007. U.S.
companies are expected to spend $219 billion on R&D, a 3.4% increase
over the $212 billion last year, according to a report from Battelle
Memorial Institute, published by R&D Magazine.
Continue reading... "US Corporate R&D Spending to Reach $219 billion This Year" »
Setting
false deadlines has became as chronic as breaking them, reports WSJ. .In
2006, the North American software industry spent $86 billion on software
requirements that were never used, according to Standish Group, a research
advisory firm specializing in project measurement.
Some
80% of companies are achieving their expected goals with half reaching
100% of their savings goals in offshore software development, according to
a latest survey by The Software & Information Industry Association, on
the trends and current state of global software development.
| Services
: $587B Hardware: $562B Software : $327B |
Worldwide spending on information technology by end users hit $1.16 trillion in 2006, and will increase at a compound annual growth rate (CAGR) of 6.3% to reach $1.48 trillion in 2010, according to new IDC forecasts on worldwide vertical market IT spending. |
Continue reading... "Global IT Spending to Reach $1.48 Trillion by 2010:" »
