Gartner reports EMEA enterprise IT spending will decline by -1.4% Y-o-Y in 2011, reaching a total of €604M. The cause for the slowdown in the region? W. Europe slowing down EMEA growth through 2015.
“The second recession is about to hit and CIOs must decide which way to turn,” Gartner warns, as economic uncertainty and the eurozone crisis loom over the 2012 IT budget landscape.
W. Europe still accounts for 80% of EMEA enterprise IT spending-- and will see 2011 spending decline by -1.8%, before growing by only 1.5% in 2012 according to Gartner. Otherwise Read more...