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Overall IT Spending to Increase 6% in 2013 with Both Regional and Vertical Opportunities

Total spending on IT hardware, software and services across all 15 enterprise industries will increase 6% in 2013 to reach approximately $474 billion, according to the IDC United States Black Book 4Q12. IDC analysts expect the U.S. economy to stabilize in the second half of 2013, having faced federal government “fiscal cliff” and budget sequestration, slowing GDP growth and falling international trade due to ongoing travails in the Euro zone. That will lead to "moderately strong IT spending growth" for the year.
Written by Kevin Kutcher at 10:00
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Capitalizing on the Cloud

Verizon acquires Terremark for $1.4 Billion. Cincinnati Bell buys CyrusOne for $525 Million. AT&T acquires USi for $300 Million. This is what has been making technology news headlines in recent years. There is a clear trend of large service providers buying up datacenters to drive strong entry into the cloud computing market.
Written by Kevin Kutcher at 11:30

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10GB Ethernet Moves into Next Major Growth Phase

Ongoing growth in public cloud,next generation applications, and wireless backhaul, along with deployments by massively scalable data center companies, will drive 10-Gigabit Ethernet (10GbE) into its next major stage of volume adoption, as networking bandwidth increases five-fold over the next five years, according to a new report from Crehan Research.
Written by Kevin Kutcher at 10:00

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IT Departments Are Still Too Busy Putting Out Fires

IT staff among business customers are still largely bogged down trying to keep up with day-to-day operations and maintenance and trouble shooting. Additionally, they are trying to keep up with institutional and technological change and trying to improve end-user service quality as opposed to contributing to business innovation, according to a synopsis of a survey conducted by Neebula written by Ziff Davis's Joe McKendrick.
Written by Kevin Kutcher at 10:00

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Banks Intend to Increase Their IT Spend

Shifting away from the cost-cutting they've been focusing on in recent years, retail banks in North America intend to increase their IT spending this year, according to a new report from Ovum. Allocating more capital toward improving customer satisfaction and increasing revenue, IT spending at North American banks will increase 3.3% in 2013, more than that for their European counterparts (1.8%) but less than those in Asia (5.1%), Ovum forecasts.
Written by Kevin Kutcher at 14:00

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