KEY VERTICALS FOR IT SPENDING ARE BANKING, GOVERNMENT, MANUFACTURING: Information technology spending by businesses in the United States will increase at a compounded annual rate of 4.9 percent through 2007 and will vary widely among sectors, according to International Data Corp.
Its most recent study of vertical industry buying found that manufacturing and financial industries will account “for almost half of the IT opportunity,” while the biggest increases will be felt in the government, discrete manufacturing and resource sectors.
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