The good news is that CIOs are confident that the overall marketplace will be boosted by a 1.4% increase in IT spending this year. However, on an individual basis, these same CIOs said they don't intend to open their wallets until they see a business recovery.
Many of the 956 CIOs surveyed by Gartner said signs of a business recovery are now forming. As a result, 40% of them believe the projected 1.4 percent spending increase will kick in during the second half of the year.
See the complete story by Alexander Wolfe on Internetnews here.
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