AMI-PARTNERS’ Study Shows U.S. Large Businesses Spent $281.47 Billion On IT & Telecom In 2002 And Prediects Spending Will Increase By $4 Billion During 2003

News Clip: Computing hardware, software and peripherals drove 33% of spending followed by networking hardware and software which accounted for 29%. While year-over-year total IT and Telecom spending will increase moderately, LB IT managers indicate internal shifts in 2003 budget allocations. Internet solutions, enterprise applications, and VoIP/security-enabled networking hardware and security/disaster recovery solutions are well positioned as near-term growth drivers.