2010 proved to be better than expected as global economies slowly rose from the onslaughts of the recent global financial crisis.
This trend holds true even for the global IT industry, which registered an 8% year-to-year growth and with enterprise spending reaching levels of up to $1.5 trillion worldwide - the fastest growth rate registered since 2007.
In a report from Gartner’s senior vice president and global head of research Peter Sondergaard, this global scenario applies to the Asia-Pacific Enterprise IT spending arena, which rebounded from a 1.3% decline in 2009 and is expected to increase by 7.6% in 2011, with forecasts valued at $312.3 billion. Sondergaard presented this latest outlook at the Gartner Symposium/ITxpo in Sydney which was attended by more than 1,500 global IT leaders.