IT spending to jump 21% by 2013, says IDC

IT spending to jump 21% by 2013, says IDC
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First Published: Tue, Oct 06 2009. 12 11 AM IST
Updated: Tue, Oct 06 2009. 12 11 AM IST
London: Spending on information technology (IT) will rise around 3.3% a year to 2013 as emerging markets increase investments in software, consulting firm IDC said.
Total spending on IT in a sample of 52 countries will reach about $1.7 trillion (Rs80.75 trillion)in that year, from $1.41 trillion in 2009, with more than half the net increase coming from emerging markets, according to an IDC report published on Monday.
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First Published: Tue, Oct 06 2009. 12 11 AM IST