Investment in IT Equipment, Software, Services and Staff
Year	Investment (in billions)	YOY Growth
2004	$708	3.7%
2005	$755	6.6%
2006	$806	6.8%
2007	$825	2.3%
2008	$865	4.8%
2009	$935	8.0%
2010	$1,024	9.5%

Source: Forrester Research, Oct. 2005

IT "Digestion"

A period of technology "digestion" is on the horizon. Until a fresh wave of tech innovation hits in 2008, U.S. companies and government customers will absorb existing technologies, according to Forrester Research. The upshot: after years of increases, information technology spending growth will slow in 2007 before picking up again in 2008.

Also see:

The Tech Party Isn't Over

Posted: 10/27/05