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Stephen Minton

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Last year, the intensifying infrastructure upgrade cycle drove IT spending to its fastest rate of growth since Y2K. Buyer activity really picked up in the second half of the year, contributing to improved margins and revenue for systems vendors and worldwide IT spending growth of 6.9% for 2005.

Last year, the intensifying infrastructure upgrade cycle drove IT spending to its fastest rate of growth since Y2K.

Business managers have caught on to the concept that IT has a more strategic role to play than just supporting. Usually, CEOs were concerned with getting the cost out of IT or the complexity. It is a welcome turnaround that they are telling us they are driving strategic spending.

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