Worldwide IT spending on pace to grow 2.1% in 2014, says Gartner

Worldwide IT spending on pace to grow 2.1% in 2014, says Gartner: Worldwide IT spending is on pace to total US$3.7 trillion in 2014, a 2.1% increase on year, however, the grow rate is down from earlier projections of 3.2% growth, according to the latest forecast by Gartner. The slower outlook for 2014 is attributed to a reduction in growth expectations for devices, data center systems and to some extent IT services.