For IT Spending & Budgeting Professionals

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	August 24, 2004 IT Spending Outlook: 2004 To 2008 And Beyond Waiting For The Next Big Thing by Andrew Bartels with Tom Pohlmann, Natalie Lambert

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Executive Summary

During the next five years, spending on IT goods, services, and staff by US companies and governments will grow, on average, at 6% annually from 2003 to 2008. We are in the second half of an eight-year period of technology digestion and refinement, in which technology buyers focus on ROI and process changes to get value from the technology they have bought and during which tech vendors focus on making technology cheaper and easier to use. As a result, investment in technology will grow only slightly faster than economic growth. But the seeds of the "next big thing" in technology will be sown during this period, leading to a boom in tech spending starting in 2008 and continuing through 2016.

TABLE OF CONTENTS

• Still In A State Of Tech Digestion
• IT Spending Growth Tracks To GDP Growth Through 2008
• IT Prices Stay Soft Through 2008
• The Long Run: The Next Big Thing In Tech Will Hit In 2008 Through 2016

RECOMMENDATIONS

• Invest Conservatively In IT Until 2007, Then Let It Rip

ALTERNATIVE VIEW

• The Next Big Thing In Tech Happens In 2006 To 2007
• Supplemental Material
• Related Research Documents

This is an excerpt

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