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Gartner: Companies Will Spend More On IT In 2004

After a 2003 that saw them bank IT budgets, enterprises across the board are poised to spend more in 2004, a research firm reported Friday.

According to Gartner's Technology Demand index, an ongoing poll of IT decision makers in small, midsize, and large public and private organizations, U.S. companies and government agencies spent less than they had budgeted during 2003.

Considerably less, said David Hankin, senior vice president and general manager at Gartner. December 2003's index hovered at a score of 77; 100 would indicate that businesses spent exactly what they had budgeted.

"Organizations were reluctant to part with unspent IT budget dollars throughout the last quarter of 2003," said Hankin. "There was no "flush" of budget spending at the end of 2003."

Low year-end spending was the rule, he added, across all technology sectors, all organizational sizes, and all vertical markets.

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