IT SPENDING TO GROW BY 4 PERCENT IN 2004: Information technology spending in the United States will remain flat for all of 2003, compared to 2002, but will grow by 4 percent in 2004, reports International Data Corp.
The Framingham, Mass.-based technology industry watchers say that “tepid” growth in 2003 software sales and services will be offset by declines in hardware sales, largely related to price competition. However, it also said that economic indicators point in “a broadly positive direction” for 2004 IT sales.
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