Apac software budgets to grow faster than overall IT spend

08.09.2009
Software budgets are expected to grow faster than overall IT budgets in 2010, said Gartner Tuesday.

According to results of a Gartner survey, organizations in Asia Pacific plan to increase their software budgets by 4.4 percent on average in 2010, while overall IT budgets were expected to decline by 3.1 percent on average. More organizations in Asia Pacific (38 percent) expect to increase their software budgets in 2010 than their overall IT budget (31 percent), the research house said.

The average expected increase in software budget of 4.4 percent is higher than all other regions surveyed including Europe, Middle East and Africa (EMEA), North America and Latin America, Gartner noted.