Many enterprise software stocks suffered last week, following data-integration vendor Informatica's announcement that its second-quarter results would . Informatica CEO Sohaib Abbasi cited the "changing macroeconomic environment, especially in Europe," as a contributing factor.

Meanwhile, telecom equipment spending will be $377 billion this year, a 10.8 percent rise. Spending on telecom services is set to grow 1.4 percent to about $1.69 trillion, according to Gartner.

The analyst firm plans to discuss the spending outlook in greater detail during a on Tuesday, including forecasts through 2016.