Annual U.S. enterprise spending on information technology (IT) operations and acquisitions will reach $US 1.033 Trillion in 2010, largely driven by acquisition spending on storage technology and software, a new study from Info-Tech Research Group's Indaba Division reports. Total non-consumer IT spending this year is expected to increase by 5.24 per cent from $US 840 Billion to $US 884 Billion. The study reveals a trend for higher growth in acquisitions spending led by large enterprises, given reduced operational costs from offshore outsourcing.

Of the overall enterprise IT expenditure of $US 1.033 Trillion in 2010, $US 625 Billion will be allocated to operational spending and $US 408 Billion to acquisitions. Comparing growth rates for operations and acquisitions, large enterprises will lead a trend to higher growth in spending on acquisitions due to two factors: outsourcing of operations - especially offshore outsourcing - which reduces operational spend, and accelerated investment in core technologies that enhance competitiveness.

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