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Article: Education Colleges spent $31b on IT products in 1998
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- August 11, 1999
- Author:
CopyrightCopyright 1999 The Boston Globe. Provided by ProQuest LLC. (Hide copyright information)
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Institutions of higher education spent $31 billion on information
technology products and services in 1998.
According to International Data Corp., the availability of new
technologies, along with the changing needs of students and shifting
missions of colleges, is responsible for the boom. IDC predicts
spending on communications products and services will increase the
fastest, reaching $693 million by 2003.
Computer training will increase at the second-fastest rate,
reaching $339 million by 2003.
All told, IDC anticipates the IT market will generate about $5
billion by 2003. "Colleges and universities will be increasingly
interested in maintaining an attractive technology environment as the ...
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