A rapidly rising U.S. dollar has created a "currency shock," prompting Gartner to decrease its global IT spending forecast. The research firm now expects worldwide IT spending to decrease to $3.66 trillion in 2015, a 1.3% dip from last year.
Gartner research - News, Features, and Slideshows
More price cuts are expected this year because of fierce competition between Cloud and on-site software providers, and enterprises will be the beneficiaries.
The increased adoption of mobile, social and cloud computing is driving growth in security spending among organizations that are also becoming more aware of threats on all those fronts.
Rackspace Tuesday announced a Managed Cloud offering, which combines the benefits of a managed service with the elastic scalability of a cloud.
Amazon Web Services' hosted virtual desktops have become generally available, priced from US$35, but the company and its competitors have a lot of hurdles to overcome before this sort of technology is widely used by businesses.
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