Boston, Mass. (Dec. 4, 2003) -- An increase in information technology buying by businesses with at least 1,000 employees may be right around the corner, according to technology industry analysts AMR Research.

IT budgets in the third quarter of 2003 grew 4.3 percent, compared to 3.4 percent growth in the same period in 2002. "The momentum is continuing to build in IT spending for 2004 and beyond," Boston-based AMR said in its report, based on interviews with executives at 200 manufacturing and service companies with 1,000-plus employees.

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