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IT spending reached $1.5 trillion in 2010

Date: 10th March 2011

 IT spending worldwide during 2010 surpassed expectations, increasing eight percent year on year to US$1.5 trillion. This represented the fastest rate of growth since 2007 indicating good recovery from the financial downturn, with the increase being driven by pent up demand for hardware upgrades and infrastructure investment following the financial crisis.


Keysource says: This increase in IT hardware spend will put added pressure on
many data centre infrastructures. Companies need to review their IT strategies to ensure there are plans in place to handle this increase in capacity in an efficient and environmentally responsible manner. By adopting best practice technology and techniques it is possible to avoid any increase in energy consumption, whilst boosting capacity and resilience.

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