The telecom-equipment sector is expected to experience a growth rate in IT spend this year of 6.9%, according to Gartner, which predicts the growth rate in several market segments to slow, including software, hardware and IT services. Overall, tech spending is not expected to be as robust this year as initially predicted by Gartner, which is now forecasting 3.7% growth in spending. Global IT spend is expected to hit $3.8 trillion for the year.

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eWeek.com, CIO.com

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