Friday, 10 May 2013

Czech Republic Information Technology Report Q3 2013

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Czech Republic Information Technology Report Q3 2013
May 8th 2013, 00:00

BMI View: The IT market had a difficult 2012 in the midst of recession and wider eurozone uncertainty - atrend that has extended into 2013. The economic environment in recent years has put the IT market on alower growth trajectory, but, despite these challenges, it has still managed to continue expanding. TheCzech Republic''s IT market is forecast to expand by 3.2% in local currency terms to CZK89.1bn in 2013,with growth in IT spending stimulated by greater investment in international process integration andnetworking, countering a slowdown in the retail hardware market. Over the medium term, a recovery inretail spending will add to the positive impact of government I...

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