Grid computing and web services to save IT - eventually...

NEWS The IT industry is set for at least another two years of low growth, according to the latest predictions from influential analyst Martin Butler, CEO of the Butler Group. However, Butler said a boom in web services and grid computing will eventually come to the rescue, prompting a $140bn spending bubble in the latter half of the decade. He said the spending boom will be driven by companies increasingly looking outside of their businesses for IT to be delivered to them as a service. Infrastructure companies and the current big outsourcers such as Accenture and EDS will be the major beneficiaries, he claimed.