Software sales in Q2 fell short of projections by 4.9%. Hardware sales outperform projections by 5.3%. Maven Wave Partners says IT spending squeeze appeared to have ended as 2010 wound down. Spending on IT work force increased 9.1% in Q1, study says. Data suggests increased activity as companies seek earnings benefits from IT, firm says. Report: IT spending growth ‘continues at a blistering pace’ in second quarter despite slight slowdown in first quarter.”]
Source: https://www.csoonline.com/article/2129480/it-spending-holds-up-well–study-says.html