IT services

Gartner: IT Spending will Grow 5.1% in 2011

The outlook for IT spending this year is looking up. Research firm Gartner said Thursday it expects revenue to grow 5.1% from 2010, an increase from a previous forecast of 3.5% growth.

The Tech Sector May Be Getting Its Mojo Back

Cisco's positive earnings reflected a broader good news story among technology companies, which seem to be enjoying a recovery. During the second quarter, the networking gear maker's revenue climbed to $9.8 billion -- up 8% from the year-ago quarter. But will the tech rebound last?