Spending on technology around the world managed to rise last year, despite economic woes in Europe and a severe hard-drive shortage, research firm IDC said yesterday.
Overall, IT spending rose just 5 percent in 2011, but that proved to be a healthy gain in the face of worldwide challenges.
The 5 percent figure was calculated using constant currency, a method that does not take into account fluctuations in the exchange rate. In U.S. dollars, the picture was even rosier, with tech spending rising by almost 9 percent last year.
A surge in demand for smartphones, tablets, and software kicked … Read more