Gartner Says Worldwide Enterprise Software Revenue to Grow 9.5 Percent in 2011
By Mark Dexter
21st June 2011

Gartner analysts will announce the latest overall worldwide IT spending forecast on June 30. The findings will be available on the Gartner Quarterly IT Spending Forecast site at www.gartner.com/quarterly-it-forecast. The forecast will include a breakout of IT spending by hardware, software, services, and telecom.

"The market for enterprise software continues to recover well following the 2009 downturn, with signs of ongoing growth on the horizon," said Joanne Correia, managing vice president at Gartner. "Economic recovery is evident across all regions, although concerns have arisen in some countries in Europe and Asia. The earthquake and tsunami in Japan has created additional marketplace uncertainty with a multiplicity of effects that are beginning to be determined. GDP results and other research have pointed to a 2Q11 slowdown in demand with some recovery later in the year."

Read the Full Article: Gartner

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