Cloud Computing – Cloud Spending Looking a Bit Fluffier: Gartner

After cutting its annual worldwide IT spending forecast back last quarter, Gartner tickled it again this quarter.
It pegs the “lackluster” number at $3.6 trillion, up 3% over last year’s $3.5 trillion, a half a percent better than it thought three months ago.
Despite the eurozone crisis, the weak US recovery and the slowdown in China, it figures the “outlook has at least stabilized” but warns that “there has been little change in either business confidence or consumer sentiment in the past quarter, so the short-term outlook is for continued caution in IT spending.”
Cloud spending, however, looks modestly fluffier

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