Tech downturn is history, says Forrester The economists and box counters at IT market-watcher Forrester Research have called an unofficial end to the IT recession, saying that tech spending will hit $568bn in the United States in 2010, up 6.6 per cent compared to last year, and will rise above $1.6 trillion globally, up a smart 8.1 per cent. While this is good news, …
"New technologies of awareness married to advanced business intelligence analytics make computing smart. Smart Computing rests on new foundation technologies such as service-oriented architecture, server and storage virtualization, cloud computing, and unified communications. 2010 marks the beginning of this next phase of technology advancement."
Looks like the "Web 2.0" crowd have regrouped around virtualisation and clouds.
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