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IT spending News

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Union Finance Minister Arun Jaitley tabled the Survey report in Parliament yesterday.
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IT spends by domestic banking and securities companies may grow by 15 percent to Rs 53,600 crore this year and rise further on expectations of more companies using RBI's 'on-tap' bank licensing, global technology consultancy Gartner said Tuesday.
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IT spending in the domestic market is expected to grow 12.3 percent to Rs 1.7 lakh crore this year, says a report.
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IT spending by banking and financial securities firms is expected to grow by over 10 percent to Rs 469 billion or around Rs 47,000 crore this year, research firm Gartner said today.
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Emphasis on 'Digital India' initiative and use of technology to deliver citizen services is expected to help IT spending in the government sector in India to grow five percent to touch USD 7.2 billion in 2015, research firm Gartner said Sunday.
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For 2015, Gartner expects the total IT spending to grow 3.7 percent to USD 3.88 trillion.






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