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To: B.D.Bauden who wrote (29831)3/28/1999 11:17:00 PM
From: WR  Read Replies (1) | Respond to of 31646
 
FAST FACTS $3 trillion spending forecast

Spending on information technology will rise to about $US2 trillion ($3.12 trillion) by 2003, almost double the annual $1.2 trillion spent now, as companies spend more on consultants to set up and operate computer systems, according to market researcher Dataquest. Computer services will be among the biggest growth areas in technology in the next five years as companies turn to experts to handle increasingly complex computer systems. Sales of computer hardware - the machines themselves - will grow much more slowly as prices continue to fall, Dataquest says.

Bloomberg

afr.com.au