{"id":1624,"date":"2010-10-28T07:00:05","date_gmt":"2010-10-28T15:00:05","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=1624"},"modified":"2010-10-28T07:00:05","modified_gmt":"2010-10-28T15:00:05","slug":"technology-growth-forecast-for-it-shifts-downward","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/technology-growth-forecast-for-it-shifts-downward\/","title":{"rendered":"Technology: Growth Forecast for IT Shifts Downward"},"content":{"rendered":"<p>Earlier in the year, Forrester had been predicting nearly 10 percent growth in IT revenues for 2010, but they have <a title=\"Forrester revises IT spending down\" href=\"http:\/\/www.cio.com\/article\/626015\/Forrester_Downgrades_US_IT_Spending_Forecast\" target=\"_blank\">recently had to push<\/a> that estimate down to 8.1 percent growth for the year. \u00a0Considering the state of the economy, that isn&#8217;t too bad, and it is ahead of many other sectors in the economy. \u00a0Weaker economic data and new figures from the Department of Commerce caused Forrester to make the revision.<\/p>\n<p>Forrester cites the two main conditions for IT growth as macroeconomic health and technology innovation. \u00a0While there hasn&#8217;t been a shortage of innovation, the overall economy is still sputtering and can threaten any future growth. The most robust areas of growth are as follows:<\/p>\n<ul>\n<li>Up 22.3 percent &#8211;\u00a0PC Operating Systems<\/li>\n<li>Up 19.0 percent &#8211; U.S. computer equipment sales<\/li>\n<li>Up 10.8 percent &#8211; Application servers<\/li>\n<li>Up \u00a0 \u00a09.1 percent &#8211; Software sales<\/li>\n<\/ul>\n<div class=\"lightsocial_container\"><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/digg.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Ftechnology-growth-forecast-for-it-shifts-downward%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" class=\"lightsocial_img\" src=\"https:\/\/formtek.com\/blog\/wp-content\/plugins\/light-social\/digg.png\" alt=\"Digg This\" title=\"Digg This\" \/><\/a><\/div><div class=\"lightsocial_element\"><a class=\"lightsocial_a\" href=\"http:\/\/www.reddit.com\/submit?url=https%3A%2F%2Fformtek.com%2Fblog%2Ftechnology-growth-forecast-for-it-shifts-downward%2F&amp;title=\" target=\"_blank\"><img decoding=\"async\" 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