IT spending outlook improving.

Position:MARKET WATCH
 
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FRAMINGHAM, MA -- Worldwide IT spending will increase by 4.1% in constant currency this year, IDC said, down from its previous forecast of 4.6%. The good news is the worst is likely over, and pent-up demand will accelerate overall IT sales through the rest of the year, the research firm said.

The market grew 4.5% last year.

According to the new report, IT spending has been volatile since the beginning of the year, with macroeconomic wild cards including the crisis in Ukraine and the slowdown in China adding to the general sense of uncertainty, which continues...

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