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Gartner Says Software Spending in Eastern Europe Will Be the Slowest of All Emerging Regions in 2009

Wednesday, June 3, 2009

Software spending in Eastern Europe will total €4.6 billion and grow 4 per cent in 2009, the slowest year-on-year growth of all emerging regions, according to Gartner, Inc. Eastern European economies have been one of the hardest-hit regions of the economic downturn, with economic forecasts dramatically changing from a relatively buoyant outlook anticipated last year to a bleak vision for 2009 and 2010.

By comparison, the software spending in the other emerging regions such as, Latin America, Asia/Pacific and Middle East and Africa will grow at 17.7 per cent, 16.7 per cent and 6.6 per cent respectively in 2009.

Article sourced from www.gartner.com, click here to read full story.

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