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05:27 Nov 30, 2004
English to Chinese translations [PRO] Tech/Engineering - IT (Information Technology)
English term or phrase:The new IT reality is being driven by efficiency.
Meta researchers also see a leveling off or decrease in spending on all technologies, save two: security and Web-app development. During the tech boom, companies threw money at technology, and during the recession, they cut spending across the board, Rubin says. "The new IT reality is being driven by efficiency." Historically, larger companies spent more on IT than smaller ones. But in the coming year, Meta reckons the opposite will happen. Companies with annual revenue of less than $100 million are expected to raise IT spending by 23% in 2005, and megacorporations, those with revenue topping $10 billion, will sustain current spending levels.