IT spending to go down — not really

Sequester impacts IT spending plans — slightly

Automatic IT spending cuts are being driven by sequester. Starting March 1 IT spending is supposed to take effect.  However, spending will be slightly higher than last year and will increase by 6.2% according to a major research firm.  On top of that US IT spending will increase more in the US than other countries.

IT Salary Survey 2012Job Descriptions

  • Global IT Spending estimate to be $2.09 trillion
  • IT spending by IT segment
    • Software 26%
    • Hardware 19.9%
    • Consulting Services 19.4%
    • IT Outsourcing 19.0%
    • Network and Communication Hardware 15.7%
  • IT Markets by Country
    • US $829 billion
    • Japan $251.3 billion
    • China $114 billion
    • UK $91 billion
    • Germany $85.2 billion
    • France $77.5 billion
    • Canada $61.6 billion
    • Australia $48.6 billion
    • Brazil $46.3 billion

Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA’s Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.