US telecom to spend $347.5 bln on IT in 2008
Fact recorded on: January 12, 2008. Categories: Spending, Telecom.
The communications industry is projected to spend $347.5 bln in 2008 on IT (hardware, software, IT services, internal services and telecommunications). The compound annual growth rate from 2006 through 2011 will be 3.8%. A key growth area in 2008 will be process management, Gartner says.
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