Development of strategic apps to drive IT spending

This article was originally published in VSJ, which is now part of Developer Fusion.
Expenditure on IT in Western Europe will grow by 3% in 2004, according to a new study from IDC.

Medium-sized companies in particular are expected to make strategic investments in new applications. There will be a shift of emphasis from cost reduction to the development of new market opportunities, which IT vendors and services companies should take into account when developing value propositions for the medium-sized sector.

The study analyses projected IT spending trends from 2003 to 2008, and segments the market into small, medium, low-end large, and upper-end large businesses.

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