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Thursday, May 06, 2004

AsiaPac IT spending to grow

What must this be a relief for many IT suppliers serving the Asia Pac region (exclusive Japan) as a new survey by IDC found out that the IT industry is expected to grow by 10% to US$388 billion. IDC also says that IT spending among small- and medium-sized enterprises - companies which have less than 500 employees - is expected to grow more sharply than at big corporations, coming in at 12 per cent this year, compared with the 10 per cent overall figure