December 30, 2009 – Analysts see a new refresh cycle driving a healthy IT spending rebound for 2010, and a new survey from independent financial and technology research firm Pacific Crest Securities strengthens the case.

Pacific Crest is raising their industry growth forecast for 2010 from 3.2 percent to 5 percent, as a majority of large enterprises plan to increase their 2010 IT funding, according to the report. Early indications are that 71 percent of respondents are planning to boost budgets this year compared to the just 23 percent this time last year.

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