Forrester predicts tech spend to shrink as Australia enters into recession | ZDNet

in hive-116221 •  5 years ago 

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Forrester has revised its tech spending forecast for the Australian market, believing it will shrink in 2020 as Australia enters a recession for the first time in 29 years.

The research firm said it has developed three scenarios -- all in which Australia's tech spend will decline -- off the back of the International Monetary Fund (IMF) forecasting the nation's real GDP will fall by 6.7% in 2020.


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