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Tough times ahead for IT budgets as strong dollar hits spending plans

If last year the IT sector was encouraged by signs of growth – albeit single-figure growth – such growth has ended for now, according to the latest figures from analyst Gartner.

Worldwide IT spending across vertical industries is forecast to total $2.69 trillion in 2015, a 3.5 per cent decrease from 2014. Gartner attributes the slowdown chiefly to the rising US dollar. [1]

[1] By Colin Barker for ZDnet

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