Companies revive Infotech spending to cap costs

| News alert
The Times of India

Companies like Capgemini have raised their outlook for this year. According to Gartner, 14.7% of organizations with IT spent less than EUR 1 million expressed interest in outsourcing as compared with 6.1% last year. This is in part thanks to cloud computing services, which shrink the footprint necessary for upgrades to IT infrastructure by storing data and applications online.