4 November 2003
The IT Spending & Demand Survey was conducted by Gartner and SoundView Technology Group at Gartner Symposium/ITxpo 2002 held in October in Orlando, Florida. Out of 6,000 attendees, 849 participated in the survey including IT users, business executives, CIOs and people with budget authority.
The survey is the most robust index for future technology spending — the respondents represent more than $33 billion of technology spending for their enterprises and the survey consists of 378,000 data points.
According to Al Case, senior vice president at Gartner, "the draconian budget cuts of the past two years have flattened while demand continues to build." This natural economic phenomenon will create a gap between IT budgets and IT demand for the next six to 12 months."
Mark Loehr, CEO of SoundView Technology Group, explains that "while 2003 is not likely to be a watershed year for spending, the increase in demand for technology products suggests the likelihood of a spending increase by the second half of the year. If a spending delay does occur throughout 2003, then 2004 will be a significant spending year."
The survey also identifies certain IT product areas that will likely experience better growth in 2003. Those areas include application integration and development, storage, network hardware, Linux servers, as well as desktop and portable computers.
www3.gartner.com
I come from software, but I bolded that "demand continues to build" comment because thats what we are seeing in software. There are these projects on hold from like, 2001 which you would think would have been lost totally but the customers will call the vendors every 2 mos or so to say "the project is still on the table". The last thing CIOs want is vendors pounding down their doors trying to sell stuff so I say this represents the actual picture and that these projects really are on hold... vs the alternative that nobody cares out technology anymore. Well thats jmo.
Lizzie |
