IDC Forecasts U.S. IT Spending Growth Will Outpace Economic Growth by More Than 2.6% in 2011 Security and Business Intelligence Are Top IT Initiatives

©IDG Communications, Inc. Photo contributed by Matthew Mikaelian.

IDC Press Release

Framingham – International Data Corporation (IDC) today announced the availability of new data from its annual IT spending survey that forecasts total U.S. enterprise and public sector IT spending to grow at 5.6% through the end of 2011. In comparison, U.S. GDP (Gross Domestic Product) is forecast to grow 3.0% in 2011. Survey respondents indicated the top IT initiatives for 2011 at large enterprises are Security (selected by 31% of companies) and Business Analytics (selected by 19% of companies). In addition, 17% of companies expect to make investments in Smart Technologies. Read more

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