IT Spending on the Rise

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Most business and IT executive in the U.S. anticipate vast increases in expenditures over the next 3 years, according to an annual study recently released by Accenture.

The study queried 300 business managers and IT executives from some of the larger American companies and found that 60% expect their businesses to increase IT expenditures by around 5.5% over the next few years.

Additionally, most executives think that spending is less than it should be.

Most of the preconceived expenses should result in the upgrading of legacy systems and incorporation of new technologies.

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