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System News > Volume 110 > Issue 2 > Sun in Financial Services >

April 9, 2007
Article #17933
Volume 110, Issue 2
Financial Services
 

Who is the biggest buyer all of those tens of billions of dollars in servers that IT vendors sell every year?
 


Server Purchases Up in Financial Services Industry in 2006
More Purchases Projected, Survey Indicates


Two recent surveys provide a barometer on the financial services sector and its IT spending. Grant Thornton’s 14th Annual Survey of Bank Executives indicates that 73 percent of bankers plan on increasing their technology spending in 2007. Gartner has gathered statistics that show the financial services industry accounted for $13.2 billion in server purchases in 2006, up 3.2 percent from the prior year. [...read more...]

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