Global IT spending set to rise

Budget makers in the securities and investment vertical can expect to see between a 2 percent and 4 percent increase in IT spending in 2010, depending on their geographic location, conclude the authors of a recent white paper published by industry analyst firm Celent.

In the report, entitled IT Spending in Financial Services: A Global Perspective, the authors estimate that the North American market will experience a 3 percent growth in spending over the 2009 level to $32.7 billion. Europe and

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