IT spending growth slows, as remote work proliferates

Overall IT spending growth will slow slightly in the second quarter of this year, even as tech hiring hits record levels, according to a new survey of IT decision-makers released by Enterprise Technology Research (ETR).

The latest iteration of ETR’s Technology Spending Intentions Survey (TSIS), which is issued quarterly, said that hiring demand for IT workers is at the highest levels ever reported. The TSIS report said that its findings tally closely with data from the US Bureau of Labor Statistics, which said that the US market will add 667,600 IT jobs between 2020 and 2030 — a 13% annual rate of growth.

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