Feeds

Software sales growth slows – Gartner

Sept 11 intensifies slowdown

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

Software sales growth is slowing - to less than half that of last year.

Spending has climbed by just six per cent in the first half of 2001 according to analysts Gartner Dataquest. Last year worldwide software spending increased by 18 per cent.

For all of 2001, new licence revenues are expected to rake in $77 billion, a growth of just less than seven per cent.

In the US, businesses had been cautious about stumping up cash for IT projects, even before the 11 September attack on the US. Joanne Correia, Gartner VP for software research, now expects the incident to "intensify the economic slowdown impacting the global software industry for the next 18 months."

Markets that will be slow to buy software include the airlines, travel, motor, insurance and new consumer PC segments, she forecasts. Security, network storage and systems management will be more fertile areas. ®

Gartner critical capabilities for enterprise endpoint backup

More from The Register

next story
Why has the web gone to hell? Market chaos and HUMAN NATURE
Tim Berners-Lee isn't happy, but we should be
Apple promises to lift Curse of the Drained iPhone 5 Battery
Have you tried turning it off and...? Never mind, here's a replacement
'Stop dissing Google or quit': OK, I quit, says Code Club co-founder
And now a message from our sponsors: 'STFU or else'
Microsoft boots 1,500 dodgy apps from the Windows Store
DEVELOPERS! DEVELOPERS! DEVELOPERS! Naughty, misleading developers!
Linux turns 23 and Linus Torvalds celebrates as only he can
No, not with swearing, but by controlling the release cycle
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
This is how I set about making a fortune with my own startup
Would you leave your well-paid job to chase your dream?
prev story

Whitepapers

Best practices for enterprise data
Discussing how technology providers have innovated in order to solve new challenges, creating a new framework for enterprise data.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?