Is Cloud Computing A Threat To Older Tech Companies? Part 2 Continued From Part 1…. So, how accurate were IDC’s predictions? Hindsight is, as the saying goes, 20/20; so while we won’t know exactly how precise IDC’s projections are, we can certainly determine if their aim was true. IDC predicted: “Worldwide IT spending will grow 6.9%, surprisingly solid growth in a fragile, recovering economy. Mobile devices and apps and emerging markets will be the biggest growth drivers, while European debt issues will dominate downside risks.” The reality: It’s close. IT spending is projected to top out at 6 percent in 2012,






